Figures for the "minimum nest‑egg needed" come from a May 2025 GOBankingRates study summarised by Kiplinger. Assumptions: inflation‑adjusted annual Social Security benefit ≈ $22,523 and life‑expectancy of 20+ years in retirement. Median savings for Americans aged 55‑64 is only $185k, so most households see a sizeable gap.:contentReference[oaicite:0]{index=0} Not personal investment advice.
Report
There was a problem reporting this post.
Block Member?
Please confirm you want to block this member.
You will no longer be able to:
See blocked member's posts
Mention this member in posts
Invite this member to groups
Message this member
Add this member as a connection
Please note:
This action will also remove this member from your connections and send a report to the site admin.
Please allow a few minutes for this process to complete.