🔧 Build a Sturdier Financial Future. Book Your Consultation: https://mitchlyonswealth.com/retirement-consultation/
Are Americans really prepared for retirement? A recent Census-backed retirement study suggests most people are falling far behind- but the headline numbers don’t tell the whole story. Mitch explains why generic savings benchmarks can be misleading, how to determine what you actually need for retirement, and why your monthly income matters more than an arbitrary account balance.
Here’s some of what we discuss in this episode:
📊 Retirement Study: What the latest Census data reveals.
💰 Savings Targets: Why benchmarks can be misleading.
🔄 Reverse Engineering: Start with retirement income needs.
🧾 Monthly Income: Focus on paychecks, not balances.
📚 Financial Education: Why schools should teach money.
❤️ Healthcare Costs: Planning for long-term care expenses.
Resources
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