Do You Really Need $1 Million to Retire?
Retirement is a major life milestone, and it requires decades of preparation. While there are dozens of factors to consider before you retire, one of the most crucial is how much you'll need to save to enjoy your senior years comfortably.
One million dollars is a common savings goal among many workers. In fact, 44% of workers expect retirement will cost at least $1 million, according to a 2019 survey from Charles Schwab.
However, each individual is unique, so there's no "one size fits all" answer as to how much you need to save. Do you really need to save at least $1 million for retirement? Here's what you need to know.
Source Fool.com
