Overview
- A new Schroders survey finds the perceived retirement target at about $1.28 million, with 48% of respondents expecting to end up with under $500,000 and 26% under $250,000.
- A WalletHub poll reported by Newsweek shows half doubt a comfortable retirement is realistic, 43% expect to work until they die, and top perceived threats include personal financial decisions (31%), the stock market (23%) and Social Security (23%).
- Investopedia reports growing interest in semi‑retirement, with Northwestern Mutual data showing 40% expect to work during retirement as planners urge higher contributions now and, if needed, longer or part‑time work.
- The 2025 Social Security Trustees Report projects trust reserves will be depleted around 2034, with ongoing taxes covering roughly 81% of scheduled benefits thereafter.
- Rising costs are a key strain: CBS News cites average retiree spending near $5,000 a month versus a $1,976 average Social Security payment, Yahoo Finance highlights potential healthcare outlays exceeding $300,000 for a 65‑year‑old couple, and Fed data show retiree debt has climbed sharply since 1992.