Why Retirees With $1 Million Are Still Running Out of Money — and What the Math Actually Says

Quick Read The 4% rule allows $1 million in retirement savings to generate only $40,000 annually, which may fall short for those with higher spending needs or longer retirement horizons. Healthcare costs, inflation eroding purchasing power by over 80% over four decades, and unchanged lifestyle expenses all threaten the sustainability of $1 million in retirement. Rather than targeting a savings milestone, retirees should work backwards from their actual spending needs, accounting for travel, healthcare, ...