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The 'magic number' for a comfortable retirement just got bigger [View all]
Retirement planners sometimes speak of a "magic number": a rough estimate of how much money an American might need to retire in comfort.
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Americans now need $1.46 million to retire comfortably, according to the 2026 edition of a well-known financial planning survey from Northwestern Mutual.
The magic number is intended as a "guidepost" for retirement planning, and not as a specific savings goal, said John Roberts, executive vice president and chief field officer at Northwestern Mutual.
It's also a goal few Americans have reached.
https://finance.yahoo.com/markets/articles/magic-number-comfortable-retirement-just-090401022.html
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