A $1 million pot may have once been considered the benchmark of a comfortable retirement. But amid rampant and rising interest rates, is it really enough to see a saver through their twilight years?The number of Americans with the seven-figure sum in their 401(K)s according to analysis by Fidelity. Assuming somebody retires at 65 - and has a life expectancy of 90 - this would give them just $40,000 a year to live on.
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