Lots of people surprise precisely how a lot cash they’re going to wish with the intention to take pleasure in a snug retirement. One widespread benchmark for retirement financial savings is $1 million. “Absolutely, if I’ve saved up 1,000,000 bucks, I’ll have the ability to retire comfortably,” is how this considering historically goes. However is that this actually the case? Is 1,000,000 {dollars} sufficient cash to make sure a financially safe retirement at the moment? A latest research decided {that a} $1 million retirement nest egg will final about 19 years on common. Primarily based on this, should you retire at age 65 and dwell till you flip 84, $1 million shall be sufficient retirement financial savings for you. Nonetheless, this