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Is a $1 Million Nest Egg Enough for Retirement?


Different people establish different savings goals when it comes to retirement. But you'll often hear people say that $1 million in savings is what it takes to retire comfortably.

Now the good news is that accumulating a $1 million 401(k) or IRA actually isn't so difficult -- not when you start funding that account from a young age and invest your savings wisely. But is $1 million really the number you should be targeting? Or will a $1 million nest egg actually cause you to fall short?

Image source: Getty Images.

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Source Fool.com


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