We're in our early 60s and have over $4 million for retirement - how much can we afford to spend on travel in retirement so we dont run out of money?

When planning for retirement withdrawals, it's essential to analyze your financial situation closely—taking into account both expected income and expenses to ensure long-term financial health.

The reader, while having over $4 million in savings, must consider various factors, such as current spending and future income from Social Security, which will influence his travel budget in retirement.

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