In today's episode I break down seven key retirement saving and spending trends you need to be aware of right now. Things like reliance on Social Security, rising living costs, and growing debt among retirees demonstrate that most people aren’t nearly as prepared as they think.

I also get into the shift toward 401(k)s, the risks of “set it and forget it” strategies like target date funds, and why more retirees are focused on turning savings into income. Because when you get right down to it, retirement is all about one thing: sustainable cash flow.

What's the takeaway here? Stop comparing, start planning! Know your expenses, work backward, and stay proactive. If you understand these trends and act on them, you put yourself in a position to potentially retire with confidence instead of just hoping for it.