As we discussed last week, there is a conventional wisdom that one needs about $1 million to retire comfortably, that may or may not be true. Given that many Americans have literally nothing saved for retirement, a million dollars sounds like plenty. But according to a new report from personal finance site GoBankingRates, depending on where one lives, retirees could blow through that one million dollar nest egg in as little as 12 years.
What You Need to Retire Comfortably
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