"Making IRA Last"
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retirement savingsSmartAsset
•I'm 70 With $1 Million in an IRA: What's the Smartest Way to Stretch My Savings?
75% Informative
The keys to making your $1 million IRA last for the rest of your life are: Spend conservatively from your IRA.
A 4% annual withdrawal rate can improve chances your savings won’t run out.
Invest appropriately to generate solid returns while controlling risk.
Consider an asset allocation of 60% stocks and 40% bonds.
SmartAsset ’s free tool matches you with financial advisor(s) and you can interview your advisor matches at no cost.
An emergency fund should be liquid -- in an account that isn't at risk of fluctuation like the stock market.
A high-interest account allows you to earn compound interest.
VR Score
64
Informative language
55
Neutral language
59
Article tone
informal
Language
English
Language complexity
51
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
long-living
External references
25
Source diversity
3
Affiliate links
no affiliate links