There are countless retirement strategies that can help you fund your golden years.
But an interest-only retirement plan can help remove one of the biggest fears about life after leaving your job: Will my money outlast me?
Here's a case study.
If you want to get $35,000 every year in retirement, you will need to save more than $1.1 million.
Get Tri-state area news and weather forecasts to your inbox. Sign up for NBC New York newsletters.
Check out this video for a full breakdown of the numbers and to learn how much you will need to save every month to reach your goal.
More from Invest in You:
How much you can expect to get from Social Security if you make $40,000 a year
The real 'Catch Me If You Can' con artist says this classic scam is making a comeback
Disclosure: NBCUniversal and Comcast Ventures are investors in Acorns.