Our 2 Cents

Episode 126: How Long Will $1 Million Last?


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On today's episode of Our 2 Cents, your hosts Steve and Gabriel Lewit are sharing the top 10 states where $1 million in retirement might not last you as long as you need. Then they're discussing the latest IRS scams you'll want to be able to spot so you can protect yourself this tax season.

  1. How Long Will $1 Million Last?:
    • Recent data shows retiring with $1 million in certain states might not be enough.
    • What states can you stretch $1 million the furthest?
    • According to a 2021 study, Florida, South Carolina, and Arizona were the most popular states to retire to, do you think they fall on this list?
  2. Fighting Back Against IRS Scams:
    • In what ways will the IRS contact you? Will it be by mail, email, or by phone?
    • What are the latest scams you should watch out for this year?
    • Received a call from Taxpayer Advocate Services? Find out if they're a real organization.
    • What is the key way to protect yourself if you believe you might be the target of a scammer?
...more
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