As we kick of the new year, let’s talk about what statistics tell us about retirement. We found five specific stats that will surprise you and make you realize that financial planning needs to be a priority in 2021.
Read more and get additional financial resources here: https://www.moneyandclarity.com/2021/01/ep-161-5-important-retirement-statistics-worth-your-time/
What we discuss on this show:
1:51 – Have clients been nervous about the start to 2021?
3:10 – Breaking down five important statistics
3:52 – Only 17% of American workers are confident they’ll have enough in retirement.
7:30 – The average 65-year-old woman has an average life expectancy of 20.7 more years.
9:28 – Some issues that come up for women later in life
12:30 – 16.5% of country is over age of 65
17:09 – The average retiree will spend $295,000 on out-of-pocket medical expenses during retirement.
21:57 – 90% of people over 60 say a written plan is important but only 20% have one.
Episode 112: Current Events
Episode 111: Special Guest
Episode 110: Gifting To Adult Children
Episode 109: Market Volatility
Episode 108: Listener Questions
Episode 107: 4th Quarter Planning
Episode 106: Are You Dysfunctional
Episode 105: Managing Expectations
Episode 104: Crisis On A Plane
Episode 103: North Korea And Your Listener Questions
Episode 102: When Can I Retire?
Episode 101: Make Your Financial Plan A Well-Designed Machine
Episode 100: Happy 100 with the Mailbag
Episode 99: A True Risk Tolerance
Episode 98: Fuzzy Math 101
Episode 97: The Planning Process
Episode 96: Mailbag - Emergency Funds And Market Crashes
Episode 95: DOL Fiduciary Rule
Episode 94: There Is No Nostradamus
Episode 93: Questions From The Mailbag
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
U.S Property Podcast
Aligned Money Show
Dubai Property Podcast
The Ramsey Show
The Clark Howard Podcast