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U.S. Investors Are Confident About Financial Prospects, But May Be Underestimating Their Retirement Income Needs (PDF)
Natixis Global Asset Management 
Sept. 17, 2013
"Americans project they will need 62% of their final pre-retirement salary to live in retirement, compared to the 70%-80% income replacement rate commonly used for planning purposes. Generation Y investors expect to need just 56% of their salary, while Generation X investors believe they will need 64% ... On average, American investors expect to retire at age 64 and live to the age of 81 -- spending 17 years in retirement."
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