A retired couple, 75 and 74, with $1 million in investments and $400,000 in savings and CDs, have $160,000 adjusted gross income, no debt, and a long-term care policy. The husband will get 80% of his salary when he retires, and, combined with their Social Security, they can expect a six-figure retirement income. Advised to withdraw 4% annually from their portfolio, they are unlikely to run out of money. With over $1.4 million in investments, they can enjoy their retirement with financial security. Their average retirement savings put them in a good spot for their age group.

Read more at Yahoo Finance: We’re in our 70s and have $1.4 million. We pay $1,750 in rent. Will we run out of money in retirement?