3/18/2015 – Want to be ready for retirement? Lower expectations (NBC News)

Mar 18, 2015 Comments Off by

Whether most Americans will have enough saved to retire comfortably has become a matter of great debate. But some may be in better shape than they think.

Most predictions aren’t in consumers’ favor. In a recent Legg Mason study, only 40 percent of the 458 investors surveyed said they are “very confident” in their ability to retire—perhaps in part because they think they’ll need to have at least $2.5 million saved, versus the often-talked-about $1 million. Another recent survey, from TIAA_CREF, found that 46 percent of Americans are worried about running out of money in retirement.

 Read the full article at NBC News.
Financial Landing 2015

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