A couple is planning retirement with $2.5 million saved and $40,000 yearly from Social Security. They want $100,000 a year to live on.
- They are both 67 and already eligible for Medicare.
- They need to figure out how to make an extra $60,000 per year.
- A safe way to withdraw money from savings is discussed.
| Savings | Social Security | Needed Income |
|---|---|---|
| $2,500,000 | $40,000 | $100,000 |
