Retirement 360

What You Have vs. What You spend


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In this segment, Alan talks about a couple of interesting findings from a new Charles Schwab survey...one being that the average baby boomer has about $920,000 saved for retirement, and that boomers expect to spend about $135,000 a year in retirement.
Alan says at that rate, they’ll enjoy a comfortable seven years of retirement. But what happens in year-eight … and year-nine … and all the years that follow?
Alan discusses what he sees and some tips on how to get ahead of the other "boomers".
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Retirement 360By Alan Mercurio

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