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Average Saved For Retirement at 55  

Drew Blackston, CRC®
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Average Saved For Retirement at 55 #retirement #investing #financialfreedom
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Here at Pearl Wealth Group, we run a trademarked retirement investment and retirement income plan for individuals and families who are wanting to retire called "Your Financial EKG™." What we are trying to visualize is how long a persons retirement savings are going to last throughout retirement. If you are looking for early retirement planning tips or trying to saving for retirement in your 50's, You Financial EKG™ is a great tool to help you understand where you are in your retirement planning. Retirement planning and retirement income strategies shouldn't be complicated. They should just be done right.
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Pearl Wealth Group
Drew Blackston, CRC® & RFC®
Office: 813-807-5060
Info@pearlwealthgroup.com
pearlwealthgroup.com/
Getting you to Retirement, through Retirement, & protecting YOUR ability to stay in Retirement!
#retirementplanning #retirement #financialfreedom

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20 июн 2024

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Комментарии : 17   
@robertleach3905
@robertleach3905 21 день назад
The average sounds about right for my household and single to
@charletfoster8917
@charletfoster8917 7 дней назад
Thanks for this explanation
@yourfinancialekg
@yourfinancialekg 5 дней назад
Glad it was helpful!
@S-we2gp
@S-we2gp 22 дня назад
I wish this dude would have explained what specifically we are talking about, like in a savings account, stocks, retirement funds, home equity. I’d like to understand net worth and monthly income that the average retired person has
@brindacockburn4033
@brindacockburn4033 19 дней назад
Was wondering the same
@henram36
@henram36 17 дней назад
Seemed pretty clear to me he was talking about amount saved for retirement, e.g. retirement accounts like IRA/401K, etc. Not net worth.
@luckyseven928
@luckyseven928 22 дня назад
Is this based on savings or net worth?
@jeremyking3986
@jeremyking3986 22 дня назад
$500k at 53, including real estate, 401k, Roth IRA, cash.
@mitchellliston9358
@mitchellliston9358 21 день назад
Try not to include real estate in your retirement savings amount. It's not liquid enough to be factored into your withdrawal rate
@dabienfurnace5848
@dabienfurnace5848 22 дня назад
If i have 800k in savings at age 60,is that a good savings?
@mallardcutter7209
@mallardcutter7209 22 дня назад
Yes. You’re doing well.
@dabienfurnace5848
@dabienfurnace5848 22 дня назад
@mallardcutter7209 thank you. Never sure if it's a good amount or not.
@Fishfood007
@Fishfood007 22 дня назад
@@dabienfurnace5848this really depends on your cost of living. For someone in a small podunk town that can live comfortably on 30k a year that is plenty. For someone in a major metropolitan area that needs 120k to live on that is not nearly enough. Use the 4% rule and what you will get in ssi as a retirement income. Then compare that to what you need to live on. That is how you know you are doing well or not.
@brindacockburn4033
@brindacockburn4033 19 дней назад
Depends on debt and expenses
@dabienfurnace5848
@dabienfurnace5848 19 дней назад
@@brindacockburn4033 normal debt. Groceries, electricity, cell phone. Car and mortgage are paid off.
@user-ps1ft1hy4j
@user-ps1ft1hy4j 16 дней назад
And the government can't wait to spend your money on nonsense.
@yourfinancialekg
@yourfinancialekg 15 дней назад
Truth
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