Americans weigh in on whether a comfortable retirement is possible in today's economy
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Americans gathered at the Flying Biscuit Café in The Villages, Florida to discuss the cost of living and the attainability of a stable retirement amid the country's inflation. Lisa, a Florida resident, expressed her concerns about the high cost of living and the lack of ability to save. Another resident, Roger, mentioned that he sees many people working longer to supplement their income. However, one woman who retired at 55 shared her experience of early retirement, attributing it to careful planning and owning a paid-off house. Concerns about retirement savings have grown, with a recent survey by Northwestern Mutual suggesting that it would take $1.46 million to comfortably retire.
#Retirement #Economy #CostOfLiving #Inflation #Savings