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Ep 27: Are These Retirement Statistics Encouraging or Discouraging?
Manage episode 329886667 series 2925736
Math doesn’t lie, but can these retirement numbers be misleading? Women have less saved than men, while disturbing this isn’t necessarily surprising. Experts are estimating you need $1.04 million to retire comfortably. Assigning a dollar amount goal for retirement is difficult because everyone’s experience is significantly different.
On today’s episode, we are going to break down some recent retirement statistics and whether we think they encouraging or disturbing and what we can personally learn from these facts. How do these numbers impact your retirement planning journey?
What we discuss on the show:
1:01 – Almost Memorial Day
1:33 – Women have less saved
8:03 – Needing $1.04 million
10:47 – 55% of retirees will continue working
12:08 – 25% of Americans increased their savings
14:23 – 70 million people are taking Social Security
16:33 – Retirees spend an average of $6,600 on healthcare
18:19 – Do you some clients ignore parts of their plan?
Get additional information: https://greenwaywealthadvisory.com/podcast/
73 epizódok
Manage episode 329886667 series 2925736
Math doesn’t lie, but can these retirement numbers be misleading? Women have less saved than men, while disturbing this isn’t necessarily surprising. Experts are estimating you need $1.04 million to retire comfortably. Assigning a dollar amount goal for retirement is difficult because everyone’s experience is significantly different.
On today’s episode, we are going to break down some recent retirement statistics and whether we think they encouraging or disturbing and what we can personally learn from these facts. How do these numbers impact your retirement planning journey?
What we discuss on the show:
1:01 – Almost Memorial Day
1:33 – Women have less saved
8:03 – Needing $1.04 million
10:47 – 55% of retirees will continue working
12:08 – 25% of Americans increased their savings
14:23 – 70 million people are taking Social Security
16:33 – Retirees spend an average of $6,600 on healthcare
18:19 – Do you some clients ignore parts of their plan?
Get additional information: https://greenwaywealthadvisory.com/podcast/
73 epizódok
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