Americans' Retirement Savings Target Now at $1.26 Million for 2025: A Shift in Financial Planning Trends
Americans' Shift in Retirement Savings Goals for 2025
According to the latest 2025 Planning & Progress Study by Northwestern Mutual, the average American now believes that $1.26 million is the ideal target to retire comfortably. This figure represents a $200,000 decrease from the previous year's estimate of $1.46 million, bringing retirement expectations down to similar levels seen in 2022 and 2023. The decrease in the estimated retirement
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