The “magic number” for a comfortable retirement in 2025 is $1.26 million, according to a new survey by Northwestern Mutual. The survey polled more than 4,500 U.S. adults aged 18 and older. This figure ...

Humans often seek easy answers and shortcuts. This is not always a flaw, but a form of efficiency. So, it’s no surprise that we want a ‘magic’ answer to one of the biggest financial decisions we need ...