3 Did You Knows
Americans say they need an average of $1.46 million to retire comfortably in 2025, reflecting continued concern about inflation, healthcare costs, and longevity risk.*
The average 401(k) savings rate (employee plus employer contributions) reached approximately 14.2% in early 2025, approaching the 15% retirement savings benchmark.**
Nearly 70% of workers say they would be more likely to stay with their employer if the retirement plan offered personalized financial guidance or planning tools, underscoring the growing role of retirement benefits in talent retention.***
* Northwestern Mutual, 2025 Planning & Progress Study
** Fidelity Investments, Q1 2025 Retirement Analysis
*** Employee Benefit Research Institute (EBRI), 2025 Retirement Confidence Survey