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Your Retirement Budget: Do You Have One?

The answer to that question, for way more than half of the 1000 participants in a survey, is no. When asked to gauge how much they’d need to have accumulated in order to fund their retirement, the response “I don’t know” was the most popular (61%), while another 8% ducked the question by saying they didn’t plan to retire…ever. But for those who answered the question concretely, the bar was set at $800k for millennials (those with birth years from the early 1980s and the mid-1990s to early 2000s) and $1 million for Gen Xers (birth years in the early-to-mid 1960s to the early 1980s).  Check the survey results out here…


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