Will $1,000,000 be enough to retire on?
Applying the commonly cited 4% withdrawal rule to a $1,000,000 retirement balance to see what annual income it could reasonably support.
Estimated monthly income (4% rule)
$3,333
- Estimated annual income
- $40,000
- Balance modeled
- $1,000,000
Assumptions used
- 4% annual withdrawal rate, applied to the full balance at retirement
The 4% rule is a widely used heuristic based on historical market data, not a guarantee — actual safe withdrawal rates depend on market conditions at retirement, how long the money needs to last, and how the portfolio is invested.
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