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Do You Really Need $1 Million to Retire Comfortably?


As retirement becomes increasingly expensive, it's more important than ever to have a healthy nest egg. Between surging healthcare costs, longer lifespans, and an ever-increasing cost of living, most workers will need to save a substantial amount to retire comfortably.

But just how much should you save? One million dollars is a number often tossed around when it comes to setting saving goals, but do you really need a million-dollar retirement fund? It depends.

Image source: Getty Images.

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Source Fool.com


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