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.
Rookie Mistakes And Creepy Tax Elves
New Year's (Financial) Resolutions
Legacy Planning
Financial Decisions You Don't Make Twice
The Divorce Mistakes You Don't Want To Make
The Way Things Used To Be
The Many Stages of Retirement
The Significance Of Your Last Decade In The Office
Daredevils, Unexpected Surprises, And Oh Canada!
The Voice Of Greed & The Retirement Guessing Game
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October 15th Show
October 8th Show
October 1st Show
September 24th Show
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