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I am $ 62 with $ 800,000 and $ 2,600 in social security. What can I afford when retirement?

March 22, 2025 by admin
I am $ 62 with $ 800,000 and $ 2,600 in social security. What can I afford when retirement?

Planning for retirement can be both exciting and challenging. Finding out how much you can spend realistic every year is a key piece of this puzzle. For example, a 62-year-old with savings of $ 800,000 and a monthly social security benefit of $ 2600 can reasonably expect an annual income of $ 63,200 retirement. However, … Read more

Categories loan Tags account, Financial advisor, guaranteed income, retirement income, Social security, Social Security Compensation Leave a comment

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