In this podcast episode Jason creates a hypothetical scenario to explore how long $1 million dollars will last in retirement. To create this scenario we need to make assumptions about the following.
1.) How much do you spend?
2.) How much Social Security will you have?
3.) How much will you pay in taxes over your lifetime?
4.) How long will you live?
5.) What rate of return will your money grow every year?
6.) How will inflation impact your retirement spending plan?
7.) Is $1,000,000 enough to retire comfortably and not run out of money in retirement?

Articles, Links & Resources:

Shiller CAPE Ratio
10 Year Treasury Rate
Retirement Budget Calculator
BLS.GOV Inflation Calculator
Social Security Survivor Benefits