Americans Now Aim for $1.2 Million to Retire, 401(k) Borrowing Surges 59%

NEW YORK, July 16, 2026, 07:12 (EDT) Americans now say they’ll need $1.2 million to retire comfortably, down from $1.28 million last year, according to Schroders plc (LON:SDR). At the same time, more…