NUGGETS OF ALPHA
Life expectancy now exceeds 74 years, a result of continuous growth over decades.
Within the next seven years, 20% of the U.S. population will surpass 65 years of age.
The present average monthly U.S. social security benefit rests at $1,825.
Troubles are looming for U.S. Social Security and pension systems, with insolvency on the horizon.
Individuals aged 65 and above possess a median yearly disposable income of around $34K.
Optimal retirement locales boast security, affordability, and pleasant weather.
The Charles Schwab Annual Survey highlights the limited number who anticipate meeting retirement savings targets.
Bitcoin achieved a 45% compound annual growth rate in the previous cycle.
This Wall Street Journal article published earlier this week catalyzed the creation of today's lesson addressing what many people are worried about for retirement and how they can prepare for the reality of where we are in the world. With half of Americans having no retirement savings, I was compelled to delve into how such a situation is possible and whether the global landscape fares any differently. Regardless of your age or financial circumstances, there's valuable insight here for everyone.
Additionally, I reached out to the InvestAnswers Patreon Community to gauge their preparedness and apprehensions. I am grateful for the 7,170 responses received from the survey. The top 10 concerns and findings will be revealed towards the conclusion of this video.
We will start by reviewing the retirement ages in the G20. The report is good for those from Indonesia; you can retire there at the age of 58. On the other end of the spectrum
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