Are You on Track for an "Average" Retirement?
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Are You on Track for an "Average" Retirement?
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"How am I doing?"
"Am I falling behind my peers?"
"Do I have enough money?"
"How does my nest egg measure up?"
My team at Keen Wealth spends a lot of time talking folks through these kinds of questions. And, as the years go by and folks enter their 50s, 60s and beyond, that conversation evolves and begins to coalesce around another question: "Can I retire?"
You might try to answer these questions on your own by comparing your account balances to benchmarks or rules of thumb you've seen on social media. But are "averages" really the best way to assess where you are on your financial journey, especially as you get closer to retirement?
On today's show, we dig into some recent data on retirement savings and discuss why achieving your financial goals is about more than dollars and decimal points.
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