Overview
- BlackRock data show 47% of Americans ages 45 to 54 worry about their retirement savings at least once a day.
- Transamerica reports 36% of workers expect to retire at 70 or later or never retire, and 69% doubt their savings will cover their needs.
- Advisers cite a 75% income‑replacement target; for the median U.S. household, that is about $5,230 per month, requiring roughly $1.57 million at a 4% withdrawal rate or about $1.7 million at a more conservative 3.7%.
- Kiplinger highlights that very late retirees can start above the 4% rule, with research suggesting 5% to 7% initial withdrawals at age 75 on $1.4 million, using flexible guardrails and factoring rising healthcare costs.
- Guidance for early retirees stresses larger nest eggs, lower withdrawal rates, and bridging to Social Security and Medicare, while cautioning that working too long can increase stress and trigger higher taxes when RMDs begin at 73.