You may need to save less for retirement than you thought

You may need to save less for retirement than you thought
You may need to save less for retirement than you thought

You may need to save less for retirement than you thought

WBEZ brings you fact-based news and information. Sign up for our newsletters to stay up to date on the stories that matter.
Stashing away savings to ensure a comfortable retirement is something on the minds of many folks nearing that golden age of 65. But what if you didn’t need as much money as you think you do in order to live a happy and healthy post-work life? Jonathan Clements, columnist for The Wall Street Journal and author of the Money Guide 2015, joins us to share his take on debunking the myth that you need to hit a certain number of personal savings in order to be able to kick your feet up during your retirement years. (Flickr/401(K) 2013)