56% of workers in the U.S. reckon they’re not on track with their retirement cash. Some fresh numbers from Bankrate tell a story: 37% feel they’re off the mark, and some think they’d need a million bucks to retire right.
But where’s this concern sprouting from? It seems personal saving milestones, predominantly shaped by the vast ocean of online advice, are the culprits.
The web is riddled with rules of thumb like “have twice of your initial earnings by 35” and “build it up to 10 times by the golden years.”