3 Secrets of 401(k) Millionaires
If you're someone with a reasonable awareness of how Social Security works, then you probably know that those benefits aren't enough to live on in retirement. Sure, they might provide you with a nice paycheck. But you should expect to need supplemental income to be able to maintain a decent standard of living.
That's where your 401(k) plan comes in. The combination of 401(k) withdrawals and Social Security could be a winning one. This especially holds true if you're sitting on millions of dollars on top of those monthly benefits.
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Source Fool.com
