LON:SDR 15 July 2026 - 28 July 2026

Americans now say they’ll need $1.2 million to retire comfortably, down from $1.28 million last year, according to Schroders plc. At the same time, more people are borrowing from their workplace retirement plans: 27% reported taking loans, up from 17%. That’s a 59% jump. The numbers don’t suggest retirement is cheaper—just that household budgets are stretched.

U.S. workers are falling behind on retirement savings, and their target nest egg is shrinking. According to a Schroders plc survey, 27% said they've cut plan contributions and the same number have borrowed from their workplace plan. Those who knew their breakdown said cash makes up 26% of retirement assets, close to the 27% in equities. The take for investors: asset growth is slowing, not that participants have raised their savings goals.