There was a recent report from the Employee Benefit Research Institute on an analysis of retirement accounts using the 2018 Survey of Consumer Finances. According to the analysis, a $5 million retirement nest egg puts you in the top 0.1% of households. Then, the question becomes: what does $5 million buy you in retirement? What is the best use of that money?
If you’re looking for the best ways to allocate your retirement savings, reach out to us. We might be able to help by pointing you toward options you weren’t previously aware of. Want to secure lifetime income for yourself, while also leaving behind a sizeable benefit for your beneficiaries? We have some ideas. We’re always here to help.