Could Retiring at 39 with $1 Million Really Last You Your Lifetime? Here’s What to Know

Key Takeaways Your withdrawal rate matters a lot. If you withdraw 3% per year, $1 million has a strong chance of lasting 50-plus years. At 5%, you're gambling with your future. A growth-heavy portfolio's volatility may feel uncomfortable, but conservative investments that can't keep up with inflation pose a bigger threat over a 50-year horizon. Several other things will determine whether you'll be successful, including your spending and potential side income. Retire at 39 with $1 million, and your ...