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I’m 65, have $120,000 saved, collect Social Security of $1,700/month — but monthly expenses total $3,900. How can I make sure money doesn’t run out without sacrificing ...

At age 65, a $120,000 nest egg isn't going to produce as much income as you might hope. You'd only be able to withdraw $4,800 annually ($383 a month) from your retirement savings — assuming you ...