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38. Is $3 Million the new $1 Million? episode artwork

EPISODE · Sep 11, 2020 · 35 MIN

38. Is $3 Million the new $1 Million?

from Retiring Today · host Merkle Retirement Planning

The old rule of thumb used to be that you needed $1 million to retire. Now, there are many in the industry who think you need $3 million to retire. If you didn't start planning for your retirement in your 20's or 30's, you are looking at $3,720 to $8,493 a month that you need to aside for retirement. In this episode of Retiring Today, Abby Huntrods and Chawn Honkomp explore the idea of how much you need to save for retirement and if $3 million is really the new $1 million.  Show Notes: Retirement dreams: $3 million is the new $1 million

What this episode covers

The old rule of thumb used to be that you needed $1 million to retire. Now, there are many in the industry who think you need $3 million to retire. If you didn't start planning for your retirement in your 20's or 30's, you are looking at $3,720 to $8,493 a month that you need to aside for retirement. In this episode of Retiring Today, Abby Huntrods and Chawn Honkomp explore the idea of how much you need to save for retirement and if $3 million is really the new $1 million.  Show Notes: Retirement dreams: $3 million is the new $1 million

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38. Is $3 Million the new $1 Million?

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Frequently Asked Questions

How long is this episode of Retiring Today?

This episode is 35 minutes long.

When was this Retiring Today episode published?

This episode was published on September 11, 2020.

What is this episode about?

The old rule of thumb used to be that you needed $1 million to retire. Now, there are many in the industry who think you need $3 million to retire. If you didn't start planning for your retirement in your 20's or 30's, you are looking at $3,720 to...

Can I download this Retiring Today episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.
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