Many retirees live in a stark reality in which they believe they don’t have nearly enough money saved to make it through retirement.
The average retiree believes they need $823,800 to spend their golden years comfortably, but only have $288,700 saved, exposing a wide gap, according to a 2025 survey of 1,000 American retirees published Tuesday by Clever Real Estate. The report also found that 29 percent of retirees have no retirement savings.
