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Financial Beacon

What $1 Million Will Get You In Retirement

By Doug Carey

I spend a lot of time helping people understand how much money they will need to meet their retirement goals. Today I want to look at this another way: What will $1 million actually get you in retirement? This is an interesting question

because: a) Many people believe that $1 million is a comfortable amount to meet their retirement goals and b) We can look at the different ways in which a couple can use this $1 million without running out of money.

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