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$1 Million Nest Egg

Retirement Savings: Is $3 Million The New $1 Million?

If you’re on track to accumulate the oft-recommended goal of $1 million in retirement savings, there’s some potentially discouraging news: some financial advisers argue that a nest egg of $1 million is no longer sufficient, with one adviser cited in today’s article declaring that “The new rule of thumb is $3 million.” Why is this new $3 million savings target… 

Strategies For Drawing Down – Or Preserving – A $1 Million Nest Egg Over A 30-Year Retirement

If you’ve been extremely diligent and managed to save $1 million for retirement, how can you best make that $1 million last for a 30-year retirement? Today’s article outlines four different strategies (two conservative approaches and two moderate approaches) to do just that, with two of the strategies involving drawing down that $1 million nest egg over 30 years and…