Workers Think They'll Need $1.8 Million for Retirement. That Doesn't Mean You Will
One reason so many people struggle to sock money away for retirement is that they don't know what savings goal to target. Should you be aiming for $500,000? $1 million? More?
If you want to follow the findings of a recent Schwab survey, then the magic retirement savings number is $1.8 million, according to workers today. And to be fair, a number like that is pretty likely to set the stage for a comfortable retirement.
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Source Fool.com
