Can a couple retire on 2 million dollars?
Photo Credit: Courtesy of 3DStockPhoto (couple image)
Retiring on only two million dollars is completely doable, especially if you are able to start withdrawing from your 401k penalty free at 59.5, have a pension, and/or can also start receiving Social Security as early as 62. ... Hence, we're now talking about generating roughly $100,000 a year in gross retirement income.