Trending

American Workers Now Say They Need More Than $1 Million To Retire Comfortably

  • Most American workers believe they will need well over $1 million to retire comfortably, even as less than half expect to reach their savings goals, according to a survey from Schroders released earlier this month.
  • Americans older than 45 told the investment management firm that they would need an average of $1.1 million by retirement age, even as only 21% expect to save more than $1 million, a decrease from 24% in last year’s edition of the survey.
  • Some 59% said they expect to have less than $500,000 saved, while 27% said they would have less than $250,000 saved.
Click to read full article Go back home

Sign Up for Our Newsletter

Join our list!

Sign up here to get our daily newsletter with the top trending headlines.