Latest News

$1 Million Needed to Comfortably Retire?

As Maurie Backman notes, there’s just no way to know exactly what your golden years will look like financially.  Much of what you spend will depend on the evolving state of your health, the extent to which your home needs repairs, and other lifestyle choices that you cannot predict in advance.  But a ballpark estimate of what retirement will cost you can help.  According to a recent survey from the Employee Benefit Research Institute, 48% of workers have tried to calculate how much money they’ll need to live comfortably in retirement, and among those who’ve run the numbers, 40% think they’ll need $1 million or more to maintain a decent standard of living and 16% think retirement will cost them $2 million or more.  Read the piece by Backman here where she talks about how one gets there.



Notice: The link provided above connects readers to the full content of the posted article. The URL (internet address) for this link is valid on the posted date; cannot guarantee the duration of the link’s validity. Also, the opinions expressed in these postings are the viewpoints of the original source and are not explicitly endorsed by AMAC, Inc.; the AMAC Foundation, Inc.; or

What's Your Opinion?

We welcome your comments. Join the discussion and let your voice be heard. All fields are required

Website by Geiger Computers