Christine Baxter+FollowHow Much Do Most 65-Year-Olds Really Have Saved?Ever wonder how your retirement savings stack up? The typical 65-year-old American has about $200K tucked away—not the $600K+ you might hear about, which is skewed by super-savers. The big shift: Many folks are realizing they’ll need to work a bit longer, cut back on spending, or downsize their homes to make their nest egg last. If you’re behind, don’t stress—catch-up contributions and delaying Social Security can give your savings a boost. Small tweaks now can mean a smoother ride later! #Business #MakeMoney #RetirementReady1120Share
Mrs. Jessica Morgan+FollowGen Z Outsaving Boomers—Retirement Plot Twist!Here’s a money twist for your coffee break: Gen Z is actually beating baby boomers at prepping for retirement, says Vanguard. Thanks to automatic savings features at work, nearly half of Gen Zers are on track, while boomers face a $9,000 yearly gap. The real game-changer? Having a workplace retirement plan. If you’re not offered one, consider opening your own IRA and keep those beneficiary forms updated—future you will thank you! #Business #RetirementReady #GenZMoney00Share