Would it be Possible we need to Save Much Less for Retirement?

Would it be Possible we need to Save Much Less for Retirement?

Suppose you need to spend $40,000/yr the next year for your family. Based on the proverbial 4% Safe Withdrawal Rate, you would need to accumulate $1 million in order to seriously think about whether both spouse could both retire or not. The 4% withdrawal rate is tested through historical rolling 30 year periods, on a […] …