$1.5 million gift launches Kenan Galapagos program this fall
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Americans think they need almost $1.5 million to retire. Experts say to focus on another number instead
When it comes to retirement, Americans have a new number in mind — $1.46 million — for how much they think they will need to live comfortably, according to new research from Northwestern Mutual. That estimate is up 53% since 2020, when Americans said they would need $951,000, as the cost of living has surged […]
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Americans think they need almost $1.5 million to retire. Experts say to focus on another number instead
Americans' "magic number" savings goal for retirement has increased by over 50% since 2020. But experts say true wealth is determined by your savings rate.