Youare trying to decide if you have enough money to retire. You are expecting $2,500 a month from SocialSecurity. You have $1.2 million in yourretirement savings, and you only want to use the earnings to live on, which isat an 8% annual rate. You are currentlymaking $64,000 a year and plan to live on 80% of that amount. Do you have enough to retire based on thesenumbers?
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