“Magic” Retirement Number? [Richmond Refreshers]
How much do you need for a comfortable retirement? Let us know how you feel about these “magic” numbers in the comments below!
Sources:
1. https://news.northwesternmutual.com/2024-04-02-Americans-Believe-They-Will-Need-1-46-Million-to-Retire-Comfortably-According-to-Northwestern-Mutual-2024-Planning-Progress-Study
2. https://news.northwesternmutual.com/2023-06-22-Americans-Believe-They-Will-Need-1-27-Million-to-Retire-Comfortably,-According-to-Northwestern-Mutual-Planning-Progress-Study
3. https://www.fidelity.com/viewpoints/retirement/how-much-do-i-need-to-retire
4. https://www.census.gov/library/publications/2023/demo/p60-279.html
Chart source: https://news.northwesternmutual.com/2024-04-02-Americans-Believe-They-Will-Need-1-46-Million-to-Retire-Comfortably-According-to-Northwestern-Mutual-2024-Planning-Progress-Study
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