$1.6 Million Nest Egg at 61 Buys About $35,000 a Year Until Social Security Arrives

The article argues that retiring at 61 with $1.6 million may feel comfortable but can be materially eroded by taxes, health insurance costs, and sequence-of-returns risk before Social Security begins. It emphasizes that the usable spending amount prior to Social Security arrival will likely be lower than most retirement plans assume.