Beyond the Million-Dollar Myth: Why Pension-Backed Retirees Should Rethink Their Strategy
For decades, the financial services industry has anchored the concept of a successful retirement to a singular, psychological benchmark: the "magic million." If you have $1 million in your 401(k) or brokerage account, the conventional wisdom suggests you have "made it." If you have $1.3 million, you are in the clear. If you have less,…
