Wednesday, 31 May 2017

This Is How Retirees Live on $1 Million

case full of money

Learn how to use strategies including immediate annuities and traditional portfolio investing to make $1 million (£, € to suit!)  last through retirement.

For most, the word "millionaire," a term coined in the 18th century, calls to mind images of lavish wealth and extravagant lifestyles. Simply having this much money once represented a ticket to life on easy street. These days, thanks to inflation, cost-of-living increases and lifestyle changes, retiring on $1 million isn't as carefree. It now requires smart budgeting to ensure this nest egg lasts for a retiree's remaining years.   Read more

Source: Investopedia

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