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Can You Retire on $1 Million? What the Math Actually Shows

Can You Retire on $1 Million? What the Math Actually Shows

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Is $1 million enough to retire? We run the numbers on withdrawals, taxes, and Social Security to give you the real answer.

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Sources mentioned:
- IRS — Federal Income Tax Rates and Brackets
- IRS Topic 551 — Standard Deduction
- IRS Topic 409 — Capital Gains and Losses
- IRS Publication 915 — Social Security and Equivalent Railroad Retirement Benefits (taxation rules)
- IRS — Retirement Topics: Required Minimum Distributions (RMDs)

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