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There is a huge chasm between what Americans say they’ll need in retirement and how much they actually have socked away.

On average, Americans estimate they should save $1.46 million for a comfortable retirement, a Northwestern Mutual study out this week found.

The trouble is the average amount that US adults have saved for retirement is $88,400, down slightly from last year and more than $10,000 off since 2021.
https://finance.yahoo.com/news/how-much-americans-think-they-need-for-retirement-vs-what-they-actually-have-saved-are-miles-apart-173136151.html

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