What Kind of Retirement Can a $1 Million Nest Egg Buy You?
Yahoo Finance·2026-02-03 04:56

A lot of people set the goal of saving 1millionforretirementbecauseitsaniceroundnumber.Butbeforeyougetyourmindsetonaimingfora1 million for retirement because it's a nice round number. But before you get your mind set on aiming for a 1 million nest egg, you may want to think about whether that'll really be enough money for you -- or whether it's more than what you need to save. What annual income will a 1millionnesteggprovideyouwith?Ifyoureretiringwith1 million nest egg provide you with? If you're retiring with 1 million in retirement savings, you're obviously not going to be spending all of that money at once -- or at least you sho ...

What Kind of Retirement Can a $1 Million Nest Egg Buy You? - Reportify