Northwestern Mutual Study Sets New Retirement Savings Target at $1.​26M

馃挵 That Retirement Number Though

By Unusual Whales
Jul 7, 2025, 3:26 PM
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A new study by Northwestern Mutual reveals Americans now need $1.​26M for a comfortable retirement, up from previous estimates.​ This comes amid concerning trends:

  • Only 3.​2% of retirees currently have $1M+ saved
  • 77% of Americans report feeling financially insecure (up from 72% in 2023)
  • 45% say they need $100k+ annual income for financial security

The gap between retirement needs and actual savings continues to widen, with most Americans falling significantly short of recommended targets.​

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