Retirement Savings Crisis: How to Make $120,000 Last with $3,900 Monthly Expenses
2025-04-13
Moneywise
As a 65-year-old retiree with $120,000 in savings and a monthly Social Security income of $1,700, managing expenses of $3,900 per month can be challenging. Following the 4% rule, your retirement savings would only yield $4,800 annually, or $383 per m ...Read more