Nearly 48% of Americans expect they'll retire with less than $500,000 in savings, according to Schroders' 2025 U.S. Retirement Survey: Retirement Readiness.
Schroders estimates that to retire comfortably, including covering things like rising healthcare costs, inflation and living expenses, many people believe they'll need about $1.28 million. Yet, almost half expect they won't hit even a fraction of that goal.
