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?
Ep 71: Good News, Bad News in Financial Planning
Ep 70: Know Thyself: How Looking Inward Can Lead To Major Financial Impacts
Ep 69: The Three Qualities of Money
Ep 68: Retirement Statistics That Might Surprise You
Ep 67: Which Retirement Lifestyle Is Right For You?
Ep 66: End-of-Year Financial Planning
Ep 65: What to Know About Biden’s Tax Proposals
Ep 64: Finding the Right Advisor
Ep 63: Don’t Assume the Customer Is Always Right
Ep 62: Is Diversification Just For Suckers?
Ep 61: Would You Pass This Retirement Preparedness Quiz?
Ep 60: Answering Your 401(k) FAQs
Ep 59: Mailbag: Should I Move My Investments To Cash Right Now?
Ep 58: Reframing the Social Security Conversation
Ep 57: Retirement Ready...or Not?
Ep 56: Financial Stuff You Should Know
Ep 55: Hindsight is 20/20 in Financial Planning
Ep 54: Do You Need a Trust?
Ep 53: This One is On The House
Ep 52: Are These Financial Rules Legit?
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