$3 Million at 66? After Taxes, Medicare and Inflation, It Spends Like $75,000 a Year

$3 Million at 66? After Taxes, Medicare and Inflation, It Spends Like $75,000 a Year

A $3 million retirement balance sounds like a golden ticket until taxes, Medicare premiums, and inflation quietly carve it down to something far less impressive. What actually lands in your pocket each year would surprise most people who spent decades building that number.