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How Long A Million Dollars Will Last In Retirement

The fact that so many people are confused about how much money they will need for retirement is hardly surprising. There are a sea of articles, studies, and opinion pieces about such things, and they tend to be all over the map in terms of explaining to people what they need to be ready for retirement. Here is some more data. According to TD Ameritrade’s 2019 Retirement Pulse Survey, about six in 10 Americans think that one million dollars will be enough for a comfortable retirement.  

Anirban tells us more. 

Anirban Basu, Chariman Chief Executive Officer of Sage Policy Group (SPG), is one of the Mid-Atlantic region's leading economic consultants. Prior to founding SPG he was Chairman and CEO of Optimal Solutions Group, a company he co-founded and which continues to operate. Anirban has also served as Director of Applied Economics and Senior Economist for RESI, where he used his extensive knowledge of the Mid-Atlantic region to support numerous clients in their strategic decision-making processes. Clients have included the Maryland Department of Transportation, St. Paul Companies, Baltimore Symphony Orchestra Players Committee and the Martin O'Malley mayoral campaign.