Americans are rethinking retirement - Fox Business

The recent survey by Northwestern Mutual found many Americans are rethinking how much they should budget for retirement. With the current level of economic inflation, Americans are spending more on everything causing retirement savings to dip 11 percent from last year. Christian Mitchell, executive vice president at Northwestern Mutual, said: “inflation is the biggest threat to retirement savings. Many people are recalibrating their thinking about how much they will need to retire and how long it will take them to get there.”  Nora Colomer reviews how Americans are addressing the retirement shortfall. Read Ms. Colomer’s article here…

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