This Is The Average Retirement Income (Unexpected)

What is the average retirement income in the US? The answer is not what you'd expect. There are many people behind when it comes to saving for retirement. They need to work well past the traditional retirement age just to make ends meet. The idea of a comfortable and carefree retirement seems increasingly out of reach for many. In this video, we’ll take a closer look at the average retirement income. We will explore essential topics like healthcare costs, long-term care expenses, and the impact of inflation on savings. Don't let inadequate planning jeopardize your dreams—discover how to secure a financially stable retirement today!

[TripSoul]

$50000/year will be low for me in many years. Lowest I can see myself is $60000/year but $80000/year more realistic once I have at least 2 million ready in retirement.

[richdouglas]

$50K? Oh, my. We're not quite retired yet (she is, I'm not). So, while I'm earning $235K per year now, we expect to retire on permanent (and indexed for inflation) income of $135K, plus about $1.2M in an IRA. And we're STILL not sure if that will be sufficient.