This is a news story, published by Yahoo Finance, that relates primarily to Federal Reserve news.
For more personal finance & financial education news, you can click here:
more personal finance & financial education newsFor more news from Yahoo Finance, you can click here:
more news from Yahoo FinanceOtherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like personal finance & financial education news, you might also like this article about
average retirement savings. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest bigger retirement savings numbers news, retirement savings news, personal finance & financial education news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
retirement budgetsMarketWatch
•76% Informative
The new line going around that people are happy with a $ 100,000 retirement is a statistical myth just as sketchy as the perfect $1 million retirement.
These numbers aren't fake, but they don’t represent actual people’s retirement budgets.
Federal Reserve : 80% of those 60+ said they were doing at least OK financially.
The most important question might be: What were you making before? The amount you have saved, and much of your well-being, only means something in relation to your current lifestyle.
If you have $ 100,000 and are still working, for instance, you could leave those funds alone and they could double in 10 years .
You might be better off skipping the stories about the surveys, clicking through to the survey itself.
VR Score
75
Informative language
71
Neutral language
42
Article tone
informal
Language
English
Language complexity
37
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
medium-lived
External references
15
Source diversity
4
Affiliate links
no affiliate links