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Home » Here’s How Much Workers Think They Must Save To Retire
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Here’s How Much Workers Think They Must Save To Retire

News RoomBy News RoomAugust 9, 20230 Views0
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Robert Kneschke / Shutterstock.com

American workers say they need $1.8 million to retire. But many are at risk of falling short of that lofty goal. A Charles Schwab survey of 1,000 nationwide 401(k) plan participants ranging in age from 21 to 70 asked how much money they would need saved to retire. The $1.8 million figure they cited on average was up a touch from the $1.7 million cited in last year’s study.

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