Talk of The Villages Florida - View Single Post - How Long $1 Million in Retirement Will Last in Every State
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Old 07-07-2024, 09:47 AM
justjim justjim is offline
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Quote:
Originally Posted by mrf6969 View Post
Not sure this article is very objective. Factors maybe not considered is do you have a mortgage or not? Are you debt free in all categories? Are you still supporting some family members?
Will you be receiving money from an estate when relatives pass? Do you own a other properties that you will be selling in time to add to your nest egg later?
I think it is more than just saving a million dollars.
I am sure there are many other factors if anyone wants to weigh in.
Correct. It’s safe to say if you were prudent enough to “save” a million dollars you are very likely to have other assets and enough to make you comfortable in retirement. The article is very subjective.
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Last edited by justjim; 07-07-2024 at 09:48 AM. Reason: Spelling