The $1 Million Myth: Why Most Retirees Don’t Need Seven Figures
The idea that you need $1 million to retire comfortably is everywhere. It fuels anxiety among pre-retirees. The reality is different – and far less daunting. The Facts According to ASFA, the average balance at retirement is far below $1 million: around $361,500 for men and $289,000 for women.* Yet surveys show most retirees report […]
