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Sunday, March 18, 2012

Do You Need a Million Dolars to Retire?

Recently many people have been asking how much money they will need to retire.  Often we hear the number "a million dollars" bandied about, and this is frightening.  Very few of us will actually reach that level of liquid assets in our lifetime.

If we never reach a million dollars, what does that mean?  Is it possible that we can never retire?  Nothing could be further from the truth.  It is possible to retire, and even have a high quality retirement, with the proper planning and a little patience.  We can do this, while still saving only a fraction of the million dollars that many of think we will need.

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