• Breaking: How Long Will $1 Million Last in Georgia?

  • Mar 5 2025
  • Duración: 16 m
  • Podcast

Breaking: How Long Will $1 Million Last in Georgia?

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  • Resumen

  • For years, $1 million was considered the gold standard for retirement savings. But is it really enough? In this episode, Lee and Ben explore just how far that million-dollar nest egg can take you in retirement, depending on where you live.

    Recent studies reveal a stark reality: in some states, $1 million could last a lifetime, while in others, it may barely cover 15 years. But geography isn’t the only factor. Spending habits, debt, and lifestyle choices all play a crucial role in determining whether your savings will truly sustain you.

    Here’s what we discuss in today’s show:

    💰 How long $1 million lasts in retirement across different states

    💳 The biggest factors that impact your retirement savings beyond location

    🧩 Why retirement planning is not one-size-fits-all

    🌴🏖️ How to determine if your nest egg is truly enough for the retirement you envision

    Resources for this episode:

    📌https://www.gobankingrates.com/retirement/planning/how-long-million-last-retirement-state/

    📌https://www.gobankingrates.com/retirement/social-security/how-far-1-million-plus-social-security-goes-in-every-state/

    Want to set up a meeting with us? Visit us here: http://talkwithjp.com

    Get more financial education at http://myretirementclarity.com
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