Reported about 11 hours ago
According to Northwest Mutual's 2025 Planning & Progress Study, the average amount Americans believe they need for a comfortable retirement has dropped to $1.26 million, down $200,000 from the previous year. This shift may be attributed to declining inflation rates and changing attitudes towards retirement, with many workers planning to retire later than the traditional age of 65. However, rising economic uncertainty suggests that expanding investment strategies and considering diverse assets like gold and real estate may be necessary for financial stability in retirement.
Source: YAHOO