1 million enough to retire

Is $1m enough to retire? A million dollars is a figure that’s often cited as the amount you need to retire. But while $1 million doesn’t go as far as it used to – it only goes slightly above the median house price in Sydney1 – for many people it still sounds like an impossibly large amount of money to save. In reality, there’s no set figure you need to have accumulated in savings, super, real …