What a typical couple’s retirement really costs - Investopedia
Based on federal data, a typical American couple aged 65 or older needs about $1.16 million saved to retire comfortably. According to an analysis by Investopedia, the nest egg a couple needs ranges from $800,000 to about $1.33 million, depending on the state they reside in. Based on the national average, splitting the amount in half comes to roughly $579,000 per person, which is about 35 percent less than the single retiree needs. Peter Gratton, writing for Investopedia, explains what a typical couple’s retirement really costs. Read Mr. Gratton’s article here…
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