If You Have $380,000 Saved at 66 and $2,400 a Month in Social Security, Here Is the Income You’ll Actually Be Able to Count On
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The post If You Have $380,000 Saved at 66 and $2,400 a Month in Social Security, Here Is the Income You’ll Actually Be Able to Count On appeared first on 24/7 Wall St..
Let’s say you’re 66, and your full retirement age of 67 is a few months away. Now imagine that you have $380,000 in an IRA. The best case is that Social Security says your check will be $2,400 a month at 67, or about $2,240 if you file now. The real question is how much you can safely spend each month, and wheth
Let’s say you’re 66, and your full retirement age of 67 is a few months away. Now imagine that you have $380,000 in an IRA. The best case is that Social Security says your check will be $2,400 a month at 67, or about $2,240 if you file now. The real question is how much you can safely spend each month, and wheth
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