Retirement Needs for Wealthy Individuals Rise to $2.6 Million, with 52% Goal Achievement Rate
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View chart & analysis → - 1An HSBC survey shows that wealthy individual investors believe they need $2.6 million for retirement.
- 2Wealthy individuals recorded an average savings rate of 52% against their goal, falling short of their retirement targets.
- 3The amount wealthy individual investors consider necessary for retirement has increased by 26% compared to just one year ago.
So what's the key point?
The amount of money wealthy people need for retirement has increased to $2.6 million. However, they have only saved about half of that goal, at 52 percent.
Source USA TODAY · View original ↗
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