Can You Retire at 55 with 2 Million Nowadays? (Videos and Table)
Can you retire at 55 with 2 million? A retirement account with 2 million produces a monthly annual withdrawal of $80,000 using a traditional 4% withdrawal rate. If you can live on $6,667 plus any other income sources, traditional retirement rules suggest that $2 million is enough to retire at 55. Your expenses, chosen retirement …
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