How Far Will a $1 Million Nest Egg Take You in Retirement?

You probably envision millionaires living in mansions and traveling the world on well-staffed yachts, but a lot of millionaires look just like you and me. They go to a regular job, they have a monthly budget, and they save up for big-ticket purchases.

The truth is, $1 million really doesn't go as far as you might think these days. And if you're counting on $1 million to get you through your retirement, you could be in for a nasty surprise.

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Source Fool.com