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The Independent UK
The Independent UK
Business
J.R. Duren

Americans want to save another $200K in order to be comfortable in their golden years

Americans are adjusting - upwards - when it comes to their plans to retire in comfort.

Most people believe they will need to save $1.5 million to see them through their golden years - a $200,000 jump from last year, according to a survey by financial services company Northwestern Mutual. But respondents seemed unfazed by their upward savings adjustment; in fact, the percentage of those who worried they would outlive their savings decreased year-on-year.

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