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So, How Much do You Need to Retire?
For many folks, the goal was to have a million dollars available to sustain a comfortable retirement. That was considered the “gold standard,” and that still seems to be approximately the planning line for many. In fact, in a post on scnow.com,The Motley Fool’s Kailey Hagen notes that “(a) recent Schwab survey asked 2,000 adults age 55 to 75 how much they’d saved for retirement, and their average answer was $920,400.” Ms. Hagen’s article takes a look at this expectation and how to manage around it, even if you can’t quite get to that level of incoming-creating assets. Read her article here…
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