#retirement-savings-gap

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from24/7 Wall St.
2 days ago

The Average Baby Boomer Says They Need Less Than $1 Million to Retire Comfortably

Roughly 4.18 million Americans will turn 65 in 2025, marking a peak year for the boomer retirement wave. This high annual number equates to 11,400 a day hitting their mid 60s on average. The average baby boomer says they only need about $990,000 to retire comfortably, according to a 2025 Planning and Progress Study by Northwestern Mutual. This post was updated on November 1, 2025 to include the most up-to-date numbers and statistics on boomers.Key Points About This Article Unfortunately,
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fromEntrepreneur
2 months ago

Here Are the Top States Where Seniors Outlive Retirement Funds | Entrepreneur

Most U.S. retirees face a significant retirement income shortfall, averaging a $115,000 gap between expected lifetime income and living expenses.
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