A fresh nationwide analysis places a spotlight on retirement savings for a single American turning 65: the target nest egg sits near $898,000 to fund a comfortable retirement. The figure rests on the traditional 4% withdrawal rule and 2024 spending patterns, while housing costs emerge as the dominant driver of the gap.
Analysis: Average American Needs a Retirement Nest Egg
A fresh analysis finds a single 65-year-old must accumulate roughly $898,000 to fund a comfortable retirement, with housing costs driving large regional gaps and the 4% rule framing the math.
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