RESOLVING THE LEDGER
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How much someone needs for retirement can vary greatly depending on where they live and what kind of lifestyle they want to maintain. According to a recent retirement survey from investment firm Schroders, in order to "retire comfortably," Americans estimate they'll need to have around $1.2 million saved up.
That's a high figure, but the good news is even if someone doesn't have a large lump sum saved up today, they can still potentially be on track to retire with that much by making regular monthly investments in the stock market. Here's a look at how much someone would need to invest each month to be on track to reach that goal.
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