Business:Investing
What’s the average amount some have saved? How many people plan to work in retirement? We talk through recent financial statistics to give you an idea of what matters and what isn’t a great marker of financial success.
What we discuss on this episode:
0:57 - Women have smaller overall retirement savings amounts.
5:25 - Experts estimate you’ll need $1.04 million to have a comfortable retirement.
8:44 - 55 percent of American workers plan to continue working in retirement.
10:27 - 25 percent of Americans increased savings as a result of the pandemic.
12:20 - The number of retired workers receiving Social Security benefits was almost 70 million in 2021.
17:07 - Retirees spent an average of $6,668 on healthcare in 2020.
Get additional financial resources here: https://www.coveryourassetskc.com/podcasts
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