Preparing your finances for retirement is extremely important. While putting money away helps significantly, there are things to keep in mind that can maximize your retirement savings or prevent you from losing them. Learn more: If you have $1 million in retirement savings, here’s how much you could withdraw per …
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Can you save $1 million for retirement? Here’s how to find out
A calculator, a pad and a pen on a yellow background Image source: The Motley Fool/Upsplash A recent survey from Northwestern Mutual found that the average American has $88,400 in retirement savings — but Americans think they’ll need about $1.46 million to retire comfortably. Saving a million dollars (or more) …