> Serious question: Are most people with net worf of over 1 million? I thought i was doing well with 450K but I guess I'm not.

Selling man ass.

This is CI son. We all have yots and mantions and golfstreams.

AI Overview
A $450,000 retirement fund will last anywhere from 10 to 30+ years, depending entirely on your annual withdrawal rate, investment returns, and inflation.

I am varee pour

wrote:

AI Overview
A $450,000 retirement fund will last anywhere from 10 to 30+ years, depending entirely on your annual withdrawal rate, investment returns, and inflation.
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Could you vague that up a little more?
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Tom Leykis wrote:

You fix that by investing income producing real estate.

You made another typo

wrote:

Seriously how do so many havbe 1 millionarie

Invest in meme coins, and finance as much car as you can afford as this will atttract hot chicks and your boss will think you're rich and give you a raise.

wrote:

AI Overview
A $450,000 retirement fund will last anywhere from 10 to 30+ years, depending entirely on your annual withdrawal rate, investment returns, and inflation.

False or it depends.

If a married couple has zero debt with a pid off home, a combined social security income of $5,600 plus a $1,600 pension do they need any savings at all if they are not stupid do they need any savings?

Assuming you don't live in a high cost of living area.

If you want to avoid medical costs my advice would be to purchase a Medicare Plan G which covers everything leaving very little out of pocket expenses.

wrote:

In my state, the cost of living is so low, it says it would comfortably last lifetime.

In most areas of the country $300,000 would be enough if zero debt and a modest mortgage free home with social security/pension of at least $3,000 for a a single person and $4,000 for a couple.

If not stupid a couple would not need the $300,000 to live on it would be for emergencies only.