Can you retire on $1 million?

Inflation, spending rates, duration, lifestyle and debt levels all come into play when deciding how much is enough for retirement.

Christine Benz 28 September, 2018 | 12:00PM Ruth Saldanha

 

 

Ruth Saldanha: A million dollar seems like an awful lot of money to have in hand right now, but is it enough for you to retire on? What are some of the things you need to keep in mind to calculate a retirement fund and decide how much money you need? With me to discuss this from our head office in Chicago is Christine Benz, Director of Personal Finance for Morningstar.

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About Author

Christine Benz

Christine Benz  Christine Benz is Morningstar's director of personal finance and author of 30-Minute Money Solutions: A Step-by-Step Guide to Managing Your Finances and the Morningstar Guide to Mutual Funds: 5-Star Strategies for Success. Follow Christine on Twitter: @christine_benz.

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