Retirement at $1M, $2M, $3M, and $5M (And How To Get There)

How much money do you really need to retire comfortably? We break down what retirement could look like with $1 million, $2 million, $3 million, and $5 million invested, including retirement income, the 4% withdrawal rule, Social Security, housing, travel, healthcare costs, taxes, and lifestyle. Brian and Bo also show how much you may need to save and invest each month to reach these retirement milestones. Whether you're building your first $1 million portfolio or planning for financial independence, see how retirement savings, investment strategy, withdrawal rates, inflation, tax planning, and your retirement number can shape your future. Timestamps 00:00:00 — What Does a $1M–$5M Retirement Look Like? 00:03:20 — The 4% Rule + Social Security Assumptions 00:06:14 — Retiring With $1 Million 00:10:22 — The Biggest Risks With a $1M Portfolio 00:15:34 — How to Reach $1 Million 00:16:35 — Retiring With $2 Million 00:21:25 — Healthcare, Inflation & a $2M Retirement 00:23:56 — How to Reach $2 Million 00:26:19 — Retiring With $3 Million 00:30:25 — RMDs, Taxes & Finding Purpose 00:33:17 — How to Reach $3 Million 00:36:00 — What a $5 Million Retirement Looks Like 00:39:35 — Spending, Legacy & the Path to $5 Million 🔗 The Money Guy Guide to Retirement → https://moneyguy.com/resource/the-money-guy-guide-to-retirement/ 🔗 How Much Should You Save? → https://moneyguy.com/resource/how-much-to-save/ 🔗 When Should I Claim Social Security? → https://moneyguy.com/resource/when-should-i-claim-social-security/ 🔗 Wealth Multiplier Calculator → https://moneyguy.com/tool/wealth-multiplier/ 🔗 Know Your Number Tool → https://moneyguy.com/products/know-your-number/ 🎓 Brian Preston (CFP®, CPA) and Bo Hanson (CFA®, CFP®) share professional insights to help you own your financial future. Jump start your journey with our FREE financial resources: https://moneyguy.com/resources/ Subscribe on YouTube for early access and go beyond the podcast: https://www.youtube.com/c/MoneyGuyShow?sub_confirmation=1 Connect with us on social media for more content: https://moneyguy.com/link-in-bio/ Take the relationship to the next level and become a client: https://moneyguy.com/become-a-client/ #WealthBuilding #PersonalFinance2026 #RetirementPlanning #FinancialFreedom