We're 67, Have $2.5 Million Saved and $40k in Social Securit

We're 67, Have $2.5 Million Saved and $40k in Social Security Benefits. Can We Live on $100k Per Year?

Picture this scenario: You and your spouse are both 67, have $2.5 million in savings and collect $40,000 in annual Social Security benefits. Is that enough to support a $100,000 lifestyle in retirement? This question is really multi-pronged. It’ll depend on when you both plan to retire, if you can you generate $100,000 per year […] The post We’re 67, Have $2.5 Million Saved and $40k in Social Security Benefits. Can We Live on $100k Per Year? appeared first on SmartReads by SmartAsset.

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