We’ve all heard the problems with relying on numbers: garbage in, garbage out; liars figure, and figures lie; 87.2% of statistics are made up; and so forth. Yet some individuals do their retirement income planning by answering some questions in an online calculator, reviewing the results, and checking the box that their retirement planning is complete. They think they’re good because the software says so.
The ‘magic number’ of $1.3M for retirement: on the money, or off the mark?
A recent report on retirement savings says a