The latest Vanguard Retirement Readiness Model (VRMM) report has revealed significant income and generational disparities in retirement readiness.

What does this mean exactly?

Well, simply put, while high-income late baby boomers are generally well-prepared to live their golden years comfortably, lower and middle-income workers, particularly younger ones, face substantial challenges when it comes to retirement.

Many Americans, especially people in our generation and younger, face many challenges while preparing for retirement.

What are those challenges? And how can you get ahead of them so you can retire comfortably?

These are a few of the questions we aim to answer in this week’s episode of the Retire With Confidence podcast.

Are you ready to learn more?

Then tune in now!

Key Takeaways: 

Introduction (00:00)

Explaining Vanguard’s thesis (02:13)

The role of Social Security in retirement (05:40)

Shaky retirement prospects (15:08)

Let’s talk about home equity (17:14)

Stop obsessing about your rate of return! (24:02)

Additional Resources:

🔥 Learn more about us: https://retirewithconfidencenow.com/

🔥 Follow us on socials:

➡️​ Facebook: https://www.facebook.com/RetireWithConfidenceNow/

➡️​ Instagram: https://www.instagram.com/retirewithconfidencenow/

––

Retire With Confidence is a podcast that teaches listeners the best strategies to plan their retirement for a happy and financially secure future. Listen now and learn how to plan for your golden years. Follow us for more!