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Looking at Averages: Do You Have Enough to Retire?
The Federal Reserve’s 2016 Survey of Consumer Finances reportedly concludes that workers between the ages of 55 and 64 have accumulated an average of $135,000 for retirement. If you fit that statistic, take a look at comparing this to what you’ll need in a retirement phase that could last 40 years or more. Is it enough to maintain a desirable lifestyle? The Motley Fool’s Wendy Connick discusses this in a post today on www.fool.com, and offers thoughts on how to deal with an insufficient retirement fund. Read her post here…