Maybe We Don’t All Need $1 Million to Retire, After AllMaybe We Don’t All Need $1 Million to Retire, After AllMaybe We Don’t All Need $1 Million to Retire, After All 

Gemini / GoogleCommon wisdom in retirement planning dictates that you should aim to save 10 times your annual salary, or reach a “magic number” well past $1 million in savings, to retire in comfort. But research on actual retirees suggests that those savings targets may be way too high, at least for most of us. The typical retiree has only $126,000 in household savings, according to a 2025 retirement survey…