Why even $1M may not be enough for re...

Why even $1M may not be enough for retirement

There are 2 comments on the USA Today story from Apr 22, 2014, titled Why even $1M may not be enough for retirement. In it, USA Today reports that:

Newly redesigned $100 notes lay in stacks at the Bureau of Engraving and Printing on May 20, 2013, in Washington, DC.

Join the discussion below, or Read more at USA Today.

Ryan

Toronto, Canada

#1 Apr 22, 2014

Since: Aug 14

Austin, TX

#2 Aug 27, 2014
Of course not. Depends on a whole lot of factors, starting with spending (what if you feel you need to spend $1,000,001/year to live right).

How much you need depends on...
Spending
Investments, how they do and how they returns are taxed
Inflation
Income from pensions etc.

Greg
http://www.finansavvy.com

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