How much do I need to retire? That's the "magic" question for many people. According to the 2026 Northwestern Mutual Planning and Progress Study, the average American now believes they need $1.46 million to "retire comfortably" — a 15% jump from last year.
However, that number isn't fixed. Life expectancy tables, family dynamics, cost-of-living estimates, and even the nation's political climate can all affect your finances in retirement.
