US workers estimate they need $1.8M to retire: survey ...Middle East

The Hill - News
US workers estimate they need $1.8M to retire: survey
Workers in the United States believe they will need to save around $1.8 million for retirement, as inflation continues to fuel anxieties over savings, according to a new survey from Charles Schwab.  This estimate is up from last year’s $1.7 million, with 37 percent of respondents stating they think it’s very likely they will reach this number, down 10 percentage points from last year, according to the survey. The survey of 401(k) participants found 62 percent of workers think of inflation as a challenge to saving for a “comfortable retirement,” up from last year’s 45 percent, while 42 percent said stock market volatility is an obstacle, compared to last year's 33 percent. Around 78

Hence then, the article about us workers estimate they need 1 8m to retire survey was published today ( ) and is available on The Hill ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( US workers estimate they need $1.8M to retire: survey )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in News