$7 million should just about do it.

"More than half of Americans lack confidence in their ability to retire when they want and to sustain a comfortable life, according to a 2024 poll by the Bipartisan Policy Center. Many Americans are anxious and confused when it comes to saving for retirement. One of those pain points: How much should households be setting aside to give themselves a good chance at financial security in older age? More than half of Americans lack confidence in their ability to retire when they want and to sustain a comfortable life, according to a 2024 poll by the Bipartisan Policy Center. It’s easy to see why people are unsure of themselves: Retirement savings is an inexact science."