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Description

Retirement planning will be different for every person, but it’s interesting to look at the averages to get a general guide on where you stand. Today we’ll share some retirement statistics that will give you a good idea of how the average American prepares for retirement and where the shortcomings might be.

 

Read more and get additional financial resources here: https://philstaxhacks.com/podcast/ep-68-retirement-statistics-that-might-surprise-you/ 

 

Watch the video podcast here: https://youtu.be/p4xSLm0Qs_k 

 

What we discuss on this episode: 

0:37 – Happy 2021

2:15 – 17% of American workers very confident they’ll have enough in retirement

3:31 – Lottery as a retirement plan

7:27 – The average woman will live to near 85 years old

11:14 – 16.5% of the country’s population is over 65

15:00 – 90% of people over 60 believe a written retirement plan is important, but 20% actually do it