There’s a major gap between how much Americans they’ll need for retirement and how much they’ve actually saved. According to the Northwestern Mutual 2025 Planning & Progress Study, for example, Americans say they’ll need $1.26 million to retire comfortably. But Kiplinger said the median net worth at age 65 in America is just about$400,000. Discover More: Here’s How Much You Need To Retire With a $100K Lifestyle Read Next: 7 Tax Loopholes the Rich Use To Pay Less and Build More Wealth Yet, while this gap ...