The Secrets to Making a $1 Million Retirement Stash Last

More and more Americans are on target to save seven figures. The next challenge is managing that money once you reach retirement.

More than three decades after the creation of the 401(k), this workplace plan has become the No. 1 way for Americans to save for retirement. And save they have. The average plan balance has hit a record high, and the number of million-dollar-plus 401(k)s has more than doubled since 2012.

Continue reading source article at Time Magazine.

Damian Sylvia

Managing Partner

Retirement Income Solutions