There was a time when a million dollars would have seemed like a mythical amount of money. Today, however, despite the fact that many retirement savers have arbitrarily set $1 million as the amount they need to amass for a secure retirement, many financial advisors caution that a nest egg of this size could still leave people short in retirement. What considerations lead the author of today’s article to state that “while saving $1 million is a huge milestone and something to be proud of, you more than likely will need more cash than that in retirement”? CLICK HERE to find out.
