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BlockchainWizardGuard BlockchainWizardGuard Tue Sep 03 2024 | 6 answers 1103

How long will $1 million last in retirement?

Can you elaborate on the factors that determine how long $1 million might last in retirement? Is it solely dependent on the individual's lifestyle or are there other variables, such as market fluctuations and inflation, that could impact its longevity? Additionally, how might one go about calculating an estimated retirement duration based on their specific circumstances and financial goals?

How long will $1 million last in retirement?

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