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$87,000 average retirement savings at 65.
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These are the average retirement saving by age
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Don't Save After 65 - A Big Mistake | Charlie Munger #charliemunger #retirementplanning #WealthAfter60 #smartmoneymoves #financialwisdom As people approach retirement, most believe saving more money is the safest path. But Charlie Munger challenges this belief with powerful, counterintuitive wisdom: after 65, saving blindly can become one of the biggest financial mistakes of your life. In this eye-opening 19-minute video, we uncover why Munger believed that at an older age, the goal should shift
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This average savings by age data scares me. Why? Because the median savings for every age group isn’t even close to what you’d need for a 3–6 month emergency fund. That means millions of Americans are just one financial emergency away from falling back into the paycheck-to-paycheck cycle, or worse, into debt. Don’t be average. Build your emergency fund now. Your future self will thank you. #creatorsearchinsights #averagesavingsbyage #savings
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TikTokmoneycoachdave
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