From Yahoo Finance: 2025-03-29 08:30:00

Retiring at 66 with $900,000 in a Roth IRA and $2,200 in Social Security benefits is a reasonable plan. You can withdraw $36,000 from your Roth IRA yearly based on the 4% rule. Social Security benefits are inflation-adjusted but may face a 20% cut in 2035. Seek a financial advisor for projections.

Your retirement income of $62,400 is above the national average. Factors like location, health status, and lifestyle choices impact expenses. Healthcare costs can vary widely, with healthy living and insurance helping offset expenses. Choices like travel and entertainment also determine affordability.

Consider speaking with a financial advisor to plan your retirement efficiently. Location, health, and lifestyle are key factors affecting affordability. While there are uncertainties with Social Security and health, you can likely retire comfortably at 66. Use SmartAsset’s tools to estimate your retirement lifestyle.

Maintain an emergency fund for unexpected expenses. Keep it liquid in a stable account. High-interest accounts can help you earn compound interest. Financial advisors can connect with SmartAsset AMP for marketing automation solutions and lead generation. Photo credit: ©iStock.com/Milko.



Read more at Yahoo Finance: With $900k in a Roth IRA and $2,200 From Social Security, Can I Retire at 66?