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Less Than Half of Workers Think They'll Meet Their Retirement Savings Goals. Do These Things if You Have to Catch Up


It's not unusual to come up with a magic savings number in the course of your retirement planning -- a number you think will lend to long-term financial security and the ability to enjoy your senior years to the fullest.

Maybe that number is $1 million. Maybe it's $2 million. There's no such thing as the "right" savings number, because everyone's needs are different. And if you determine that you need a $2 million nest egg to live comfortably once you stop working, so be it.

But in a recent Schwab survey, only 47% of savers said they're likely to meet their nest egg-related goals. That means most workers aren't confident in their ability to retire the way they want to. If you feel similarly, then here are some moves worth making immediately.

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Source Fool.com


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