“This Is How Retirees Live on $1 Million” By Greg DePersio (Investopedia, May 30, 2017).
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http://www.investopedia.com/articles/personal-finance/102715/how-retirees-live-1-million-dollars.asp#ixzz4j9ZOSSlO
If not, go to Investopedia.com and search for the article.
At first, when I read the title, I anticipated more of “Lifestyles of the Rich and Famous” – but the reality is far different for ‘millionaires” today.
The article points out for those retirees fortunate enough to have saved wisely, that million in assets SHOULD last for as long as needed – providing it is invested wisely and managed carefully.
Clearly, having a million "ain’t" what it used to be!
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