Affluent Americans say they need $2.6 million to retire, HSBC finds
The gist
Affluent Americans say they need $2.6 million to retire comfortably, but have saved 52% of that goal.
Rising health costs and Social Security's 2032 shortfall sharpen the gap.
How it unfolded
- Nov 1, 2026CNBC reports Social Security's retirement trust fund is projected to run out in the fourth quarter of 2032, with benefits cut 22% at that time.
- Nov 3, 2026Fortune reports affluent Americans say they need $2.6 million to retire comfortably, a 26% jump from a year ago, but have saved only 52% of that goal.
- Nov 3, 2026Compass introduces a free concierge benefit giving more than 250,000 agents guidance on health plans and Solo(k) or Team 401(k) retirement plans.