EPISODE · Jun 26, 2019 · 5 MIN
Retirement Advisor: How America Doesn’t Save
from SA For FAs · host Seeking Alpha
This podcast (5:37) suggests three takeaways from Vanguard's new 121-page “How America Saves” report: That those 65 and older have saved just $58,000; that the gap between the wealthiest and everyone else is wide; and that, though only a few are raiding their retirement accounts, they’re doing so at advanced ages. Advisors take note: People are trying to maintain a standard of living that seemed normal to them growing up, but which is unavailable currently, given their incomes and expenses.Learn more about your ad choices. Visit megaphone.fm/adchoices
What this episode covers
This podcast (5:37) suggests three takeaways from Vanguard's new 121-page “How America Saves” report: That those 65 and older have saved just $58,000; that the gap between the wealthiest and everyone else is wide; and that, though only a few are raiding their retirement accounts, they’re doing so at advanced ages. Advisors take note: People are trying to maintain a standard of living that seemed normal to them growing up, but which is unavailable currently, given their incomes and expenses.Learn more about your ad choices. Visit megaphone.fm/adchoices
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Retirement Advisor: How America Doesn’t Save
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