Can We Afford a $90K Lifestyle With $1 Million Saved and Social Security at 65?

From Yahoo Finance: 2025-04-30 08:30:00

A couple, both 65, plans to retire and live on $90,000 annually with $42,000 in Social Security benefits and $1 million in savings. Financial advisor suggests considering taxes, investment plan, risk tolerance, withdrawal rate, and finding the right balance for a successful retirement. It’s crucial to plan carefully to sustain long-term spending needs.

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