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people with question marks over faces Millennials are the group most in a quandary over how much they’ll need, with 69 percent admitting to such ignorance. But they’re far from the only ones, and they’re not that much greater in numbers than older generations. (Photo: Shutterstock)

A whopping 61 percent of Americans don’t know how much they’ll need to save to get them through retirement—but among the ones who do, the median estimate is $650,000.

Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.

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