Average Retirement Savings by 60. Are you Ready to Retire?

Описание: “How much should I have saved by now?” Am I on track for Retirement?

It’s one of the most common (and stressful) retirement questions I hear:
“I know what I’ve saved… but how does it compare to other people my age?”

In this video, I break down real retirement savings data from two major studies:

Vanguard’s annual 401(k) research

The Federal Reserve’s Survey of Consumer Finances

You’ll see how much Americans in their late 50s and early 60s have saved Both the average and the median, and why that distinction matters far more than most people realize.

We also look at:

Why averages can be misleading

How much people actually have saved when you include IRAs and brokerage accounts

Fidelity’s “8x salary by age 60” rule — and why it often causes unnecessary anxiety

Why retirement spending isn’t linear (and what the “retirement spending smile” means for your plan)

How changes like a paid-off mortgage, part-time work, and flexible spending can dramatically lower how much you need saved

A step-by-step example showing how two people with the same income can need very different nest eggs

If you’re approaching retirement and feel behind, this video will help you:
✔ Understand where you really stand
✔ Put rules of thumb into proper context
✔ See practical ways to catch up — or realize you may be closer than you think

Comparisons can be helpful, but when it comes to retirement, the details matter.

If you want help reviewing your own numbers or understanding what applies to your situation, you can schedule a 1-on-1 conversation using the link below.

https://morrisonwealthadvisors.com/sc...

Or use our free guide: https://morrisonwealthadvisors.com/fi...

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Investment Advisory Services offered through Csenge Advisory Group, LLC, a Registered Investment Advisor. Csenge Advisory Group is not affiliated with Morrison Wealth Advisors. This content is intended for informational and educational purposes only and should not be considered personalized investment, tax, or legal advice. We do not provide tax preparation or legal services. Always consult with your CPA or attorney regarding your specific situation.

Viewing this video does not create an advisory relationship with Morrison Wealth Advisors LLC or Csenge Advisory Group LLC. We only provide advisory services to clients under a written agreement. Investment strategies discussed may not be suitable for everyone. All investments involve risk, and past performance is not indicative of future results. Any opinions expressed are as of the date of recording and are subject to change.