If you had $1 million saved for retirement, how long could you live off of that? A lot of it depends on where you live. Let’s check out some possibilities across the country on today’s podcast.
Read more and get additional financial resources here: https://philstaxhacks.com/podcast/ep-82-how-long-would-a-million-bucks-last-in-retirement/
Watch the video podcast: https://youtu.be/DjjU0NJ9j5w
What we discuss on this episode:
0:58 - How long a million bucks last?
2:52 - San Francisco and parts of California are costly places to retire.
4:13 - What about big cities like LA, Seattle, Boston, DC, and San Diego?
5:20 - Do you like Portland, Denver, or Miami?
7:00 - Looking to stay closer to home, like in Minneapolis?
8:25 - Louisville, Kansas City, and Omaha give you more bang for your buck.
11:22 - How long should you plan for?
Countdown Clarity: Timing Your Retirement Preparations
Mastering Retirement Cash Flow: Understanding Income
Bad Money Habits Could Spoil Your Retirement Party
Counterintuitive Advice: Why You Should NOT Invest In A 401(k)
Mastering Retirement Cash Flow: Understanding Changing Expenses (Part 2)
Mastering Retirement Cash Flow: Understanding Changing Expenses (Part 1)
Ep 185: Top Money Mistakes In Retirement (Part 2)
Ep 184: Top Money Mistakes In Retirement (Part 1)
Ep 183: Key Finance Decisions During Major Life Events Like Marriage, Divorce, Job Loss & More
Ep 182: Unsure, Confident or Certain: Retirement Planning Next Steps
Ep 181: Should You Relocate In Retirement?
Ep 180: Crash Course: The Psychology of Investing in the Wake of Historic Market Crashes
Ep 179: A Comprehensive Dismantling Of 2023’s Top Social Security Myths (Part 2)
Ep 178: A Comprehensive Dismantling Of 2023’s Top Social Security Myths (Part 1)
Ep 177: Fore Your Retirement: What Golf Teaches Us About Financial Planning
Ep 176: Back to the Basics - Retirement Saving Fundamentals
Ep 175: Moving Your Retirement Goalpost - Is It Worth The Risk?
Ep 174: Lessons Learned from the Silicon Valley Bank Collapse
Ep 173: The Incomplete Financial Plan
Ep 172: Top 10 Tax Questions for Retirees in 2023
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