MART PRODUCTION from Pexels and kanchanachitkhamma Key Points A $3 million portfolio at age 50 can generate roughly $120,000 annually under a 4% withdrawal rate before taxes and health care costs. Health care expenses alone can reach millions over a long retirement. A 30 to 40 year retirement often requires more savings than initial assumptions suggest. If you’re thinking about retiring or know someone who is, there are three quick questions causing many Americans to realize they can retire earlie ...