Americans Say They Need $1.2 Million to Retire Comfortably. Most Don't Think They'll Ever Get There

Source: International Business Times

Nearly 69% of respondents to a new survey said inflation and higher everyday expenses have pushed a comfortable retirement further out of reach for their generation. Unsplash Americans believe they need about $1. 2 million to retire comfortably, but a growing number doubt they will ever reach that goal as inflation, debt and day-to-day expenses continue to squeeze household budgets.