AOL

I’m 63 and tired of working, but only have $390K in savings. How much can I spend per month if I retire now?

This article adheres to strict editorial standards. Some or all links may be monetized. In 2022, the most recent year with available data, the median retirement savings for Americans aged 55 to 64 was ...

I’m 63 and tired of working, but only have $390,000 in savings — how much does that leave me with to spend per month if I retire today?

Americans estimate needing $1.26 million, on average, to retire comfortably.
AOL

Most Americans think 63 is the perfect age to retire, but they’re dead wrong. Here’s the big number to bet on

This article adheres to strict editorial standards. Some or all links may be monetized. When it comes to retirement, timing is everything. If you leave the workforce too early, you could increase the ...