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How long will a 300000 retirement last? - Answers
The duration of a $300,000 retirement fund depends on several factors, including your annual withdrawals, investment returns, and inflation. If you withdraw around $15,000 per year, the funds could last about 20 years, assuming no investment growth. Conversely, if your investments grow and you withdraw less, the money could last longer. It's crucial to consider your lifestyle, expenses, and any additional income sources for a more accurate estimate.
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How long will a 300000 retirement last? - Answers
The duration of a $300,000 retirement fund depends on several factors, including your annual withdrawals, investment returns, and inflation. If you withdraw around $15,000 per year, the funds could last about 20 years, assuming no investment growth. Conversely, if your investments grow and you withdraw less, the money could last longer. It's crucial to consider your lifestyle, expenses, and any additional income sources for a more accurate estimate.
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How long will a 300000 retirement last? - Answers
The duration of a $300,000 retirement fund depends on several factors, including your annual withdrawals, investment returns, and inflation. If you withdraw around $15,000 per year, the funds could last about 20 years, assuming no investment growth. Conversely, if your investments grow and you withdraw less, the money could last longer. It's crucial to consider your lifestyle, expenses, and any additional income sources for a more accurate estimate.
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