Retiring With $1 Million May Leave You With Less Than $2,800 Per Month to Spend. Here's Why

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To make your money last, experts have recommended taking up to 4% of your nest egg per year in retirement. New research suggests you should spend even less.

Traditional wisdom says you should plan to live off 4% of your nest egg per year after you retire, which would give your investments enough of a cushion to sustain a lengthy retirement.

 

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If republicans have it their way gen X will be the first generation to retire without social security. It's coming. Watch how you vote.

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