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Forbes: Do You Have Enough Money to Retire?

Apply the 4% rule

Planners say you can withdraw (roughly) 4% to 4.5% a year from your accounts without outliving your money. So if you have $500,000 saved, that’s a little bit above $20,000 a year.

(iStock)

More from Forbes:
Best and Worst States for Retirement
6 Ways to Tap Your 401(k) in Hard Times
10 Steps to Get Your Retirement Back on Track



The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.

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