25% of Boomers Face a Bleak Retirement — Are You Making the Same Mistakes?

Retirement remains a far-off — and in some cases, unattainable — goal for many Americans.

About one in four adults over age 50 said they expect to never retire, according to an AARP survey. That’s perhaps not surprising given that Americans believe they’ll need $1.26 million to retire comfortably, per Northwestern Mutual.

Related: Are You on Track for Your Age? Here’s When You Should Save for Retirement, Make 6 Figures and Buy a Home, According to a New Survey.

In a new report from Bank of America, 68% of employees said that saving for retirement is their No. 1 financial goal, though working toward it often comes with significant challenges.

The research,