Retirement Savings: Americans' "Magic Number" Drops to $1.26 Million

Sunday, Jul 6, 2025 11:41 am ET1min read

According to Northwest Mutual's 2025 Planning & Progress Study, Americans now estimate they'll need $1.26 million to retire comfortably, down from $1.46 million last year. The decline may be related to lower inflation expectations and changing views on retirement. Experts recommend diversifying portfolios to hedge against market volatility and economic uncertainty.

Retirement Savings: Americans' "Magic Number" Drops to $1.26 Million

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