Retiring With $250K, $500K, or $1M: What Each Path Really Looks Like

MotoEd / iStock Unreleased via Getty Images Quick Read The average Baby Boomer holds $249K in their 401(k) and $257K in their IRA. A $1M nest egg provides $40K annual income under the 4% rule. Saving $307 monthly for 35 years at 10% returns yields $1M by retirement. A recent study identified one single habit that doubled Americans’ retirement savings and moved retirement from dream, to reality. Read more here. How much money do you need for a comfortable retirement? Is $250K, $500K, or $1 mill ...