Year-round warm weather, hitting the links, and kicking back with the grandkids has long been the quintessential American retirement dream. While that’s still out of reach for many Americans, most still hope and expect to retire comfortably after 40-plus years in the workforce.
But what exactly does an ideal retirement look like for Americans? According to a Northwestern Mutual report released this week, Americans think they need $1.5 million to retire comfortably. That’s a $200,000 jump from last year, showing the figure is climbing faster than most workers can ever save.
