Phil’s Tax Hacks

Ep 136: Are These Retirement Statistics Encouraging or Discouraging?

May 26, 2022

We are breaking down some retirement statistics on today’s episode. Are these numbers encouraging or discouraging?

 

Watch the video podcast: https://www.youtube.com/channel/UCGS8K5-iPEy6b7fu4pLNLtA

 

Key points: 

1:29 – Women have less saved than men

7:00 - You need $1.04 million to retire

9:29 – 55% of workers plan to continue to work

10:47 - 25% of Americans increased their savings

13:46 – 70 million people are taking Social Security

 

Read more and get additional financial resources here: http://philstaxhacks.com