EP # 32: Do I Need $1 Million to Retire? Pt. 2

Your Retirement Planning Simplified

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1y ago 23:47

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What do declining stock and bond prices and soaring inflation mean for your retirement income?

New research published on safe withdrawal rates from Morningstar indicate a 3.8% safe withdrawal rate. Building on our earlier podcast: Do I Need $1 Million to Retire? We thought it was worthwhile taking a close look at this research and asking the more relevant question: Does my $1 million retirement portfolio really only support $38,000 of annual income per that Morningstar article and the 3.8% safe withdrawal rate?

Read the full show notes and find more information here: RPS Ep 32 Show Notes

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