How Long Does $1 Million Last in Retirement | Phil Town

One million dollars is a common benchmark when it comes to retirement goals, and many resources will recommend this number as how much you should save before you retire.

However, while one million dollars may sound like a great goal to strive for, the truth is that one million probably isn't going to be enough for you to live a comfortable and enjoyable retirement. To better understand how long one million dollars will actually last in retirement, we'll take a look at some of the factors affecting how much retirement costs.

Wondering how much you need to save for retirement and how investing can help? Try my free retirement quiz today! Click the link above.

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My Annuity Is Not Growing

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Welcome to The Dave Ramsey Show like you've never seen it before. The show live streams on YouTube M-F 2-5pm ET! Watch Dave live in studio every day and see behind-the-scenes action from Dave's producers. Watch video profiles of debt-free callers and see them call in live from Ramsey Solutions. During breaks, you'll see exclusive content from people like Rachel Cruze, and Chris Hogan, Christy Wright and Chris Brown —as well as all kinds of other video pieces that we'll unveil every day.

The Dave Ramsey Show channel will change the way you experience one of the most popular radio shows in the country!

How Much Money You Need To Save To Retire By Age 40

The more you save, the sooner you can retire. But how much do you actually need to save before retiring? Business Insider reporter Lauren Lyons Cole breaks it down in this video.

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Following is a transcript of the video:

First, figure out how much you spend each year, then divide it by 4% (0.04).

This is how much you need to save before retiring.

Once you know your goal, you can leave work as soon as you reach it. But to make this work you have to invest your savings.

You can survive for only 25 years on these savings alone. So if you retired at 40, you would have to start working again at 65. But there's a way to make it stretch even longer.

Continue to invest and earn an average of 5% on your investments each year, then you will have enough to live on for the rest of your life.

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Business Insider is the fastest growing business news site in the US. Our mission: to tell you all you need to know about the big world around you. The BI Video team focuses on technology, strategy and science with an emphasis on unique storytelling and data that appeals to the next generation of leaders – the digital generation.

How Much Retirement Do I Need?

Learn to budget, beat debt, & build a legacy. Visit the online store today:

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Welcome to The Dave Ramsey Show like you've never seen it before. The show live streams on YouTube M-F 2-5pm ET! Watch Dave live in studio every day and see behind-the-scenes action from Dave's producers. Watch video profiles of debt-free callers and see them call in live from Ramsey Solutions. During breaks, you'll see exclusive content from people like Rachel Cruze, and Chris Hogan, Christy Wright and Chris Brown —as well as all kinds of other video pieces that we'll unveil every day.

The Dave Ramsey Show channel will change the way you experience one of the most popular radio shows in the country!

How To Invest $1,000 in 2018/2019

Today we discuss how to Invest $1,000 in 2018 and 2019. This video should help anyone who wants to invest their money in 2019. We will cover real estate investing, stock market investing, investing in yourself as well as others. Enjoy!
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Make Your Money Last: The Top 5 Retirement Planning Myths

Worried about having enough money in retirement? Thinking of working a few more years just to be sure? Financial planning for retirement is more complex than ever. It’s no longer just about saving enough to get to retirement; it’s also about making sure your money lasts through your retirement years.

Don’t risk outliving your money by adhering to the old ideas of retirement planning. Learn why many of the traditional approaches to retirement planning no longer apply, how to avoid the risk of outliving your money, and key steps you can take to ensure your money lasts as long as you do.

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https://www.youtube.com/watch?v=UyYkfT2Z3-I

How much money do I need to have before I can stop working? | Rahul Sen | TEDxBITSGoa

Each of us have asked ourselves this question at some point in our lives. Rahul Sen in his fascinating and witty talk answers this question by taking us on along on his journey from “Small income and no free time” to “Large income and more free time than he had ever dreamed of”

A veteran Brand-advisor, Rahul Sen lives life on his own terms instead of slogging in a regular 9-5 job and after listening to him, you will be tempted to do the same

This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at

https://www.youtube.com/watch?v=0qpuEJ9QUZo