What You Need to Retire Comfortably | WYPR

What You Need to Retire Comfortably

May 21, 2018

As we discussed last week, there is a conventional wisdom that one needs about $1 million to retire comfortably, that may or may not be true.  Given that many Americans have literally nothing saved for retirement, a million dollars sounds like plenty.  But according to a new report from personal finance site GoBankingRates, depending on where one lives, retirees could blow through that one million dollar nest egg in as little as 12 years.