Is 2 Million Enough to Retire?

Answer

To know if $2 million is enough for you to retire, you would need to do the math to see if you are OK to live on that. Let's say you retire at age 60, and you estimate you would live for another 40 to make it a round 100 years on Earth, $2 million would give you an income of $50k a year to spend. If this is enough to pay expenses, food, utilities, emergencies, etc, then it would be enough for you to retire on. 
Q&A Related to "Is 2 Million Enough to Retire?"
Add up your current yearly expenses. Retirement planning requires some money crunching if you want to do it well. The first thing to do is to look at the sum total of your yearly
http://www.ehow.com/how_6033359_decide-2-million-e...
$2 million is based mainly on a few assumptions: typical retiree spending habits. US life expectancy. expected inflation. expected participation in Medicare, Medicaid. probabilistic
http://answers.yahoo.com/question/index?qid=201303...
Whenever I hear people chatting about retirement, it always seems as if a million dollars is a magic number that will guarantee you a great retirement. Unfortunately, this is not
http://www.associatedcontent.com/article/358692/wh...
The other day, I heard some people talking about their dreams of winning the lottery. They decided they’d really need to win the big money, because if they only won $2 million
http://hunternuttall.com/blog/2009/10/how-much-do-...
Explore this Topic
To determine if you have saved enough for retirement, determine how much monthly income you would have each month. Compare that to you current bills. To step up ...
Yes, generally speaking an average sized criminal will be subdued by a shock from a one million volt stun gun. If the person is under the influence it may not ...
You should retire when you have enough money to live for at least 30 years. Retire is no longer about age. You should save enough money so that you can live comfortably ...
About -  Privacy -  AskEraser  -  Careers -  Ask Blog -  Mobile -  Help -  Feedback © 2014 Ask.com