Legg Mason reports that investors think they'll need $2.5 million for comfortable retirement. Story doesn't say anything about pensions, ss, or the timeline to have $2.5 million. Not much context other than people feel behind. Does this amount ring true to folks here? I guess this is one of those how much is enough stories, but I'm curious as to people first-blush reactions and how it jives with their own experiences. Is there any value to stories like these or are they just PR fodder? Any thoughts?
http://finance.yahoo.com/news/u-investors-2-5-million-143000917.html;_ylt=AwrBJR6VF_5UNDIAnQzQtDMD
http://finance.yahoo.com/news/u-investors-2-5-million-143000917.html;_ylt=AwrBJR6VF_5UNDIAnQzQtDMD