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A lot goes into figuring out how much money you need to retire, but one common piece of advice is that you need about $1 million and some sources suggest even more. In fact, according to a 2021.

United statesRuth sarrealJohn csiszarJeff roseCameron colePaul sisolakJamie youngUs department of laborSecurity administrationAlliance wealth managementSchwab retirement plan servicesBureau of labor statisticsShows sharp increase in confidenceCharles schwabRetirement savings is about spendingHow to make