Why You're Going To Need A Million Bucks To Retire

Why You're Going To Need A Million Bucks To Retire

Over at ABC News columnist David McPherson is responding to some reader backlash stemming from an article in which he used an example of somebody retiring with $500,000 in an IRA. The readers accused him of being out of touch with reality. Well, rather than apologize, he’s upped the ante. Now he says you’ll need $1 million to retire.