welcome
SmartAsset

SmartAsset

Business

Business & Economics

Will $640K Last if I Retire at 65 With $1,900 a Month in Social Security?

SmartAsset
Summary
Nutrition label

79% Informative

Your age will determine how close you are to needing this money.

For example, say that you have $ 640,000 in an IRA and can expect about $1,900 per month in Social Security benefits.

A financial advisor can help you develop a retirement plan suited for your wants and needs.

If you are currently 55 and looking to retire a little early, you can estimate an after-tax income of $ 69,277 per year.

Withdrawals from a post-tax Roth IRA are tax-free under the right circumstances.

Make sure to account for taxes as you estimate your retirement budget.

VR Score

76

Informative language

71

Neutral language

57

Article tone

informal

Language

English

Language complexity

33

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

long-living

Affiliate links

no affiliate links