I'm 65 With $1.4 Million in an IRA. How Do I Make Sure This Money Lasts the Rest of My Life?

I'm 65 With $1.4 Million in an IRA. How Do I Make Sure This Money Lasts the Rest of My Life?

I'm 65 With $1.4 Million in an IRA. How Do I Make Sure This Money Lasts the Rest of My Life? With $1.4 million in your IRA at age 65, you have a robust nest egg that could potentially fund a secure retirement of 25 years or more. However, making sure that money lasts will require prudent planning. You’ll need to assess your income needs, balance investment risk and return, secure supplemental insured income streams, account for required minimum distributions …