A new report by Northwestern Mutual has revealed that for a comfortable retirement, your nest egg now needs to be $200,000 larger than before, according to the report. This figure is due to inflation, longer life expectancy expectancy, uncertainty over Social Security stability, and high earners are even more ambitious. Millionaires with over $1 million in investable assets estimate they'll need $2.67 million to retire without financial worry. The report recommends replacing roughly 80% of pre-retirement income, with individual needs varying depending on lifestyle, location, and personal goals. Only half of Americans currently think it’s likely they’ll outlive their savings, with 36% unaware of this possibility. The study also revealed that four in ten plan to keep working past the traditional retirement age, with Millennials and Gen X leading the charge at 50%.