Consider this, though.
To generate $5500 per month ($66,000/ year) that $768,000 would have to generate 8.6% annually.
Or, if that $768,000 were placed in a safe place generating 5% annually, it would last about 18 years. Retiring at 65, it would last until age 83.
So there’s that.
Comments
Consider this, though. To generate $5500 per month ($66,000/ year) that $768,000 would have to generate 8.6% annually. Or, if that $768,000 were placed in a safe place generating 5% annually, it would last about 18 years. Retiring at 65, it would last until age 83. So there’s that.
Post: For most retirees, the greatest fear is not death—it is running out of money before they die.
Link to comment from August 8, 2026