The average retirement age in the U.S. is 63 for women and 65 for men, but many Gen Z and young millennials find this milestone distant. Amid high saving expectations, with $1.46 million deemed necessary for retirement, over 57% of Americans feel behind in their savings. An emerging solution is 'micro-retirement,' which allows individuals to take career breaks to reevaluate personal and professional goals, helping to strike a balance between career advancement and personal fulfillment without permanently exiting the workforce.
Micro-retirement allows individuals to take career breaks to pursue personal interests, balancing their professional ambitions with personal aspirations without leaving the workforce permanently.
More than 57% of working Americans feel behind in their retirement savings, influenced by the high figure of $1.46 million considered necessary for retirement.
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