SmartAsset and Yahoo Finance LLC may earn commission or revenue through links in the content below. Suppose you and your spouse are both 65 years old, have $1 million in savings and collect$30,000 per year in Social Security. Is that enough to fund a $70,000 per year retirement? It will depend on your personal circumstances, especially where you live, but$70,000 may be enough for some households. Whether your assets can generate $70,000 per year is a bit more difficult to answer, though. Here are a fe ...