Could You Retire With Less Than $1 Million? Millions of People Do.
One study suggests that the typical retiree has only $126,000 in household savings.
Overview
Many people are busy saving and investing for their retirement, aiming to stop working with a $1 million nest egg. Many others are busy saving and investing for their retirement knowing that they will never end up with anything close to $1 million. Are they doomed? Not necessarily.
Here's a look at whether you might need $1 million by retirement, along with why many people get by retiring with far less.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
Related Articles
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.