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$2 Million Retirement Savings

This is a news story, published by Yahoo Finance, that relates primarily to Fidelity news.

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several retirement withdrawal strategies

GOBankingRates

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Business

Business & Economics

What $2 Million in Retirement Savings Looks Like in Monthly Spending

GOBankingRates

Summary

Nutrition label

73% Informative

Some brokers like Fidelity recommend saving around 10 times your annual salary by retirement to live on.

Others recommend trying to replace 80% of your income by retirement.

With $2 million in retirement savings, the 4% rule gives you about $80,000 a year to safely withdraw from investments.

That translates into about $6,667 per month to spend.

VR Score

65

Informative language

59

Neutral language

36

Article tone

informal

Language

English

Language complexity

47

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

long-living

External references

10

https://www.gobankingrates.com/retirement/social-security/average-social-security-benefit-at-every-age/?hyperlink_type=manual&utm_term=incontent_link_3&utm_campaign=1306764&utm_source=yahoo.com&utm_content=5&utm_medium=rss https://www.gobankingrates.com/retirement/planning/planning-for-retirement/?hyperlink_type=manual&utm_term=incontent_link_1&utm_campaign=1306764&utm_source=yahoo.com&utm_content=1&utm_medium=rss https://secure.money.com/pr/ddeccd58da84?s1=POM&s2=Vertical https://www.gobankingrates.com/retirement/planning/what-1-million-retirement-savings-looks-like-monthly-spending/?hyperlink_type=manual&utm_term=related_link_1&utm_campaign=1306764&utm_source=yahoo.com&utm_content=2&utm_medium=rss https://www.gobankingrates.com/investing/real-estate/housing-markets-plummeted-value-over-past-5-years/?hyperlink_type=manual&utm_term=related_link_2&utm_campaign=1306764&utm_source=yahoo.com&utm_content=3&utm_medium=rss https://secure.money.com/pr/m3200b054b75?s1=POM&s2=Vertical https://www.gobankingrates.com/retirement/planning/how-long-million-last-retirement-state/?hyperlink_type=manual&utm_term=incontent_link_2&utm_campaign=1306764&utm_source=yahoo.com&utm_content=4&utm_medium=rss https://secure.money.com/pr/se48daba8eb6?s1=POM&s2=Vertical https://www.gobankingrates.com/retirement/401k/financial-expert-shares-top-mistake-americans-make-with-their-401k/?hyperlink_type=manual&utm_term=related_link_3&utm_campaign=1306764&utm_source=yahoo.com&utm_content=6&utm_medium=rss https://www.fidelity.com/viewpoints/retirement/how-much-do-i-need-to-retire

Source diversity

3

www.gobankingrates.com secure.money.com www.fidelity.com

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