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Wealthy Americans achieve only 52% of retirement goals

Fortune · ·by G4L

HSBC HSBC Holdings plc ADR
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  1. 1Wealthy Americans recorded a 52% achievement rate for their retirement goals.
  2. 2The required amount for retirement increased by 26% compared to just one year ago, reaching $2.6 million.
  3. 3Baby boomers showed a 74% achievement rate for their retirement targets.

So what's the key point?

Wealthy Americans have saved only about half of the money needed for retirement. It has become harder to meet these goals as the required amount for retirement has risen to $2.6 million.

Source Fortune · View original ↗

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