“How Much Should the Average American Save for Retirement?,” by Maurie Backman, The Motley Fool

“The idea of retiring would be much less stressful for most of us if we could somehow pin down the right amount to save. After all, it’s hard to say what our living costs might look like five, 10, or 30 years down the line. Not only that, but because we all have varying goals and needs in retirement, it’s pretty much impossible to come up with a single number that will work well for all seniors across the board.”

LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):
Once you’ve built that nest egg, the next step is to protect it and finance quality long-term care services.

How Much Should the Average American Save for Retirement?

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