Worried about how much you can spend in retirement, including healthcare? You may be surprised by the data from average Americans. In this video, we review average retirement spending, surprises in the data, and how it could affect your retirement.
BLS Study: https://www.bls.gov/cex/tables/calendar-year/mean-item-share-average-standard-error/reference-person-age-ranges-2020.pdf
*** FREE GUIDE ***
https://pranawealth.com/resources
Timestamps:
0:00 - How much will you spend in retirement?
1:12 - Retiree age groups
1:54 - What average Americans spend in retirement
2:31 - Does the 80% replacement rule hold?
3:47 - Surprise in the data #1
4:30 - Surprise in the data #2
4:58 - Surprise in the data #3
5:24 - Will you spend 20% less in retirement?
To learn more, visit our website:
https://www.pranawealth.com/
#pranawealth #patrickking #howtoretire #retirement #retirementplanning
--- About Patrick King CFP® ---
Patrick King is a fee-only financial advisor in Atlanta and the Founder of Prana Wealth. Over his career, Patrick has helped CEOs, all-star athletes, Grammy-winning artists, and many others build their wealth, retire sooner, and create a legacy. Patrick enjoys yoga, mountain biking, golf, travel photography, and Clemson football.
Let’s connect:
LinkedIn – PatrickBKing
Facebook – @pranawealth
Instagram – @pranawealth
Twitter – @PranaWealth
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