How Much Can You Spend In Retirement?

You’re 60 and you and your spouse have saved up $1 Million for retirement. How much are you going to be able to spend monthly in retirement?

This is the exact question we got asked last week. Today we are going to go over an example very similar to theirs and show how much they will be able to spend. We will cover the different strategies we reviewed and explain why it makes sense in this situation.

Marc Sabourin is a Winnipeg-based Financial Advisor and Retirement Specialist with Harbourfront Wealth Management. His specialty is working with pre-retirees and retirees who are looking for retirement, investment, & tax advice. 

Disclaimer: The views expressed are those of Marc Sabourin, Certified Financial Planner, and Investment Advisor, and not necessarily those of Harbourfront Wealth Management Inc., a member of the Canadian Investor Protection Fund

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