The $1 million figure that is frequently cited as the silver bullet needed to enjoy a comfortable retirement is actually attainable, Consumer Reports found in a recent survey of 24,270 online subscribers age 55 and up.
Retirees who started saving and planning for their retirement in their 30s had an average net worth of $1.1 million, the magazine found. Those who started in their 40s had an average net worth of $868,000, and those who started in their 50s or later had an average net worth of $651,000.
