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GOBankingRates
GOBankingRates
Terence Loose

How Much Money You Need To Retire in Mexico vs. the US

Mexico United States Social Security International Living
AleksandarGeorgiev / iStock.com

Let’s face it, life in the U.S. is expensive. Just ask workers who participated in a late 2024 Charles Schwab 401(k) Participant Study. They expected to need $1.8 million to retire comfortably. Contrast that with the average American retirement account value of $491,022, according to Empower, and you have trouble in paradise.

Learn More: 10 Bills That Drain Your Retirement Savings — and How To Cancel Them

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