- Use only official sources—including plan provider sites, the IRS homepage, and the official SSA homepage—to check the latest withdrawal, RMD, contribution limit, and Social Security rules.
- Carefully model expected expenses, healthcare needs, and potential Social Security options; cost-of-living varies greatly by state/region, which can significantly impact the practical adequacy of $2 million.
- Run cash flow and risk analyses using official calculators; regularly revisit your withdrawal rate and portfolio mix, adjusting as necessary for market conditions, inflation, and law changes.
- Add beneficiaries on all eligible accounts according to official plan documentation to ensure proper estate transfers and avoid legal complications.
- For specific plan or tax questions, consult with your plan administrator, use IRS and SSA official resources, and consider professional guidance to verify facts in light of the latest 2025 regulations.
- Remember: Secure retirement outcomes require disciplined withdrawals, prudent investment management, and an understanding of how new tax or benefit rules may alter asset longevity—always check the most recent updates from official sources before making decisions.
Can I Retire On 2 Million
