American’s magic number for retirement? About $250K

What’s the price of a secure retirement? For many Americans it’s $250,000. At least that’s what Wells Fargo found when it surveyed Americans about what number would fund a comfortable retirement. But as Karen Wimbish, retail retirement director at Wells Fargo, explains, the actual figure depends on a variety of individual factors, such as health, the age at which one retires and how much is needed to cover expenses during the golden years.