You thought $1 million would be enough to retire on with no worries. But it turns out that isn’t true any longer. Since all of our expenses have gone up, but our retirement nest-egg hasn’t, we have encountered a troubling scenario. There are two potential solutions: Earn more or spend less. With most people unable to gather anywhere near $1 million and healthcare expenditures rising, potential retirees have a very interesting predicament ahead.
Even a $1 million retirement nest egg isn’t enough anymore