In this video Colin Exelby, CFP® breaks down the average savings in America vs the number you actually need for retirement.

Wondering how much you really need to retire at 60? You’re not alone—and the answer might surprise you. While headlines throw out scary numbers like $800,000 based on outdated “rules of thumb,” the truth is far more personal. In this video, we break down the real average and median retirement savings, why the popular 8X rule can be misleading, and how Social Security and realistic spending patterns in retirement can dramatically change your required savings. We also dive into the “smile” curve of retirement spending—why it matters, and how it can help you retire sooner than you think. If you're tired of cookie-cutter advice and ready to make retirement planning work for your life, this video is for you.

#RetireAt60 #RetirementPlanning #PersonalFinance #FinancialFreedom #SocialSecurity #RetirementSavings #EarlyRetirement #MoneyMatters #WealthBuilding #FinancialGoals

00:00-Intro

00:35-The Truth Behind Retirement Savings at 60

01:25-The Flawed 8x Rule and Why It's Misleading

03:15-Your Real Spending Will Likely Go Down

05:30-How Social Security Shrinks the Gap

06:25-A Better Rule of Thumb

07:10-Why Personalized Planning Matters More Than Ever

08:00-The Retirement Spending "Smile"

08:45-Don’t Let Bad Math Delay Your Life

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[About] Colin Exelby is a Certified Financial Planner Professional™ or CFP®. He owns the virtual financial advisory practice Celestial Wealth Management.

I provide financial planning for business owners and their families that makes sense.

Transformational change is made when you focus on the big picture. My goal is to help you think outside the box about your life, your money, and your health to be the best you can possibly be.

We strive to help you:

*Optimize Your Cash Flow

*Minimize Your Taxes

*Build Your Net Worth

*Create a Lasting Legacy

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