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The Independent UK

Business

J.R. Duren

US workers say they need $1.2 million to retire comfortably today. Half believe they’ll fall short

United States Schroders Fidelity

Want to retire comfortably? You’ll need to be a millionaire, a new poll has found.

The average worker believes they need at least $1.2 million in savings on Day One of retirement - whether that’s in 2026 or five years from now, according to a survey of 615 workers contributing to retirement plans by wealth management firm Schroders.

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