{
  "id": 2828066,
  "title": "Got $2M saved? You should (probably) retire immediately. Don't sacrifice it all for nothing",
  "url": "https://urgent.news/2026/08/23/got-2m-saved-you-should-probably-retire-immediately-dont-sacrifice-it",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-23T12:45:00.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/markets/articles/got-2m-saved-probably-retire-124500785.html"
  },
  "original_language": "en",
  "account": "If you have $2 million saved for retirement, you should likely retire immediately, according to a survey of Americans in workplace retirement plans. However, some millionaires find it difficult to give up their career and regular income. Older workers may aim to retire with a little more money in the bank to avoid the fear of running out of funds. Jeff Bezos backs a platform that allows anyone to invest in rental properties for as little as $100. Gold IRA investing is also becoming popular as a way to protect wealth through tax-advantaged accounts. While the average life expectancy in the U.S. is 76.4 years, health-adjusted life expectancy is lower at 63.9 years. This means that retiring at 60 may only leave a few years of full health before health declines set in. With $2 million in a retirement portfolio, it's unlikely that most millionaires would need to continue working to avoid poverty. Long-term care insurance can help cover the high costs of in-home assistance, nursing homes, or assisted living facilities. For a $2 million portfolio, the 4% rule suggests annual withdrawals of $80,000, which may be sufficient for many retirees based on the average annual spending of a household aged 65 to 74 ($65,354). However, if spending is more expensive or highly discretionary, $2 million may not be enough. Retirees should also ensure they have an 18-to-24-month emergency fund to cover unexpected expenses.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}