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Are You Underestimating Your Retirement Needs by Hundreds of Thousands of Dollars?


Do you know how much you need to have saved for retirement so you can support yourself comfortably? If you do, you're likely among the minority. 

Unfortunately, a recent study from the Transamerica Center for Retirement Studies has revealed that workers are dramatically underestimating the amount they need to have in their investment portfolios to provide the income they'll need to supplement Social Security. And this could be a big problem for those who reach retirement with too little money to live on. 

Image source: Getty Images.

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Source Fool.com


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