$20k in Retirement Savings is the Average Now for Middle Class

Re: $20k in Retirement Savings is the Average Now for Middle Clas

I have about 500 clients as a multiline agent. I can only think of a hand full that will be prepared for retirement. Most are too busy refi-ing their $90,000 house so they can buy a used $26,000 bass boat they use a couple days a month...

Can't tell you the number of times I've met with people about retirement and getting them to set even $50 a month aside is so difficult...They claim they have no extra money....and to a degree they are correct.

I have to end the appointments early because they are in a hurry to get back outside and play with their ATVs, Snowmobiles, Fishing boats, Motorcycles and vehicles as paid for on credit with loan payments sucking up all their pay.
 
Back
Top