Breaking: How Long Will $1 Million Last in Georgia? (Ep 158) episode artwork

EPISODE · Mar 5, 2025 · 16 MIN

Breaking: How Long Will $1 Million Last in Georgia? (Ep 158)

from My Retirement Clarity with Lee Perkins · host Lee Perkins

For years, $1 million was considered the gold standard for retirement savings. But is it really enough? In this episode, Lee and Ben explore just how far that million-dollar nest egg can take you in retirement, depending on where you live. Recent studies reveal a stark reality: in some states, $1 million could last a lifetime, while in others, it may barely cover 15 years. But geography isn’t the only factor. Spending habits, debt, and lifestyle choices all play a crucial role in determining whether your savings will truly sustain you. Here’s what we discuss in today’s show: 💰 How long $1 million lasts in retirement across different states 💳 The biggest factors that impact your retirement savings beyond location 🧩 Why retirement planning is not one-size-fits-all 🌴🏖️ How to determine if your nest egg is truly enough for the retirement you envision Resources for this episode: 📌https://www.gobankingrates.com/retirement/planning/how-long-million-last-retirement-state/ 📌https://www.gobankingrates.com/retirement/social-security/how-far-1-million-plus-social-security-goes-in-every-state/ Want to set up a meeting with us? Visit us here: http://talkwithjp.com Get more financial education at http://myretirementclarity.com

Episode metadata supplied by the publisher feed · Published Mar 5, 2025

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Breaking: How Long Will $1 Million Last in Georgia? (Ep 158)

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