Retiree with $3,000,000 Warned by Expert to Avoid Depleting Funds
Austin, Texas – A financial expert cautioned a retiree in Austin, Texas that having $3,000,000 in savings does not mean unlimited spending in retirement. The expert advised that even with substantial funds in the bank, it is crucial to adhere to a specific rule to prevent running out of money. During a call to The Ramsey Show seeking retirement advice, a 58-year-old individual from Austin disclosed that he had saved $3,000,000 for retirement and was …