May 8, 2024
3:48:24pm
CBaass All-American
Would you consider a $4 million 401k nest egg a decent amount for retirement?
If you follow the 4% rule you'd start out taking $160k/year plus whatever you think you'll get from SS, so you'd probably be over $200k a year. Following the 4% rule would allow you to keep up with inflation (in theory)

I think most people could be comfortable with that depending on what expenses you have but you won't necessarily be living large off just $200k/year, though $4 million sounds like a lot.
CBaass
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CBaass
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