You’ve likely seen the game show “Who Wants to be a Millionaire?” Perhaps you’ve even played along at home, chucking to yourself and thinking, “Sure, it would be nice to have, but I’m glad I don’t need a million dollars.”
Not so fast, say a majority of registered investment advisors (RIAs) in a new study from Scottrade Advisor Services. Money Management Executive reports that according to the poll, RIAs say current workers should save even more – up to $3 million for some age groups – to secure a financially stable retirement.
