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Retirement Savings: Is $3 Million The New $1 Million?

2020-01-29 09_05_22-Egg on Gray Stainless Steel Forks · Free Stock PhotoIf you’re on track to accumulate the oft-recommended goal of $1 million in retirement savings, there’s some potentially discouraging news: some financial advisers argue that a nest egg of $1 million is no longer sufficient, with one adviser cited in today’s article declaring that “The new rule of thumb is $3 million.” Why is this new $3 million savings target “simply a matter of mathematics” – and what does it take to achieve it? CLICK HERE.