Lifestyle
Inflation-weary Americans now face a sobering reality. For a comfortable retirement, your nest egg now needs to be $200,000 larger than before, according to a new report, which reveals the new “magic number” is $1.46 million — up from $1.26 million last year. And here’s the kicker: only half of Americans feel ready to hit that mark, the survey says. The new “magic number” reflects a “convergence of factors,”John Roberts, chief field officer at Northwestern Mutual, said of the institution’s 2026 Planning & Progress Study. Those factors include not only inflation, but also longer life expectancies — and uncertainty over the…
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