I'm 60 with $4 Million — Can I Have a Luxury Retirement?

Some might think that having $4 million is enough for a luxury retirement, but with so much economic uncertainty, it makes sense to ask this question.

One of the trickiest elements of retirement planning is figuring out a savings target. It’s virtually impossible to come up with a precise estimate of what retirement will cost because there are too many unknowns, from inflation to longevity to what health care will cost.

When it comes to setting a savings target, the best thing many of us can do is guess at a number and run with it.

https://www.kiplinger.com/retirement/retirement-planning/im-60-with-usd4-million-im-wondering-what-my-retirement-might-look-like