For most people, two million dollars in savings is more than enough to guarantee a comfortable retirement. The majority of people are able to retire after having saved eight times their ending salaries, according to Fide... More » Business & Finance Financial Planning

It would take 20 million nickels to make $1 million. A United States nickel is worth five cents, so $1 is the equivalent of 20 nickels. More » Business & Finance Currency & Conversions

There has never been a $1 million bill printed by the U.S. government. The largest bill printed in U.S. history is a $100,000 bill, and it was only printed in two years, 1934 and 1935. More »

The amount of savings needed for retirement depends on the person, states AARP. Though $1 million is a common quote, there is no one-size-fits-all dollar figure. Factors to consider are geographical location, individual ... More » Business & Finance Financial Planning

The average amount of retirement savings in Individual Retirement Arrangements, or IRAs, that people accumulate by their late 50s in the United States is $122,957 as of 2015, states U.S. News & World Report. By their ear... More » Business & Finance Financial Planning

Determine your lifestyle needs to find out how much money to save for retirement and when retirement is possible, recommends Mitch Strohm for Bankrate. Consider how much savings is needed, at what age you plan to retire ... More » Business & Finance Financial Planning

An individual has a better idea of when he's ready to retire when he determines where he may live during retirement, when he should start Social Security, his strategy for long-term care expenses and his estimated living... More » Business & Finance Financial Planning