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Re: $20k in Retirement Savings is the Average Now for Middle Clas
Can't tell you the number of times I've met with people about retirement and getting them to set even $50 a month aside is so difficult...They claim they have no extra money....and to a degree they are correct.
I have to end the appointments early because they are in a hurry to get back outside and play with their ATVs, Snowmobiles, Fishing boats, Motorcycles and vehicles as paid for on credit with loan payments sucking up all their pay.
I have about 500 clients as a multiline agent. I can only think of a hand full that will be prepared for retirement. Most are too busy refi-ing their $90,000 house so they can buy a used $26,000 bass boat they use a couple days a month...
Can't tell you the number of times I've met with people about retirement and getting them to set even $50 a month aside is so difficult...They claim they have no extra money....and to a degree they are correct.
I have to end the appointments early because they are in a hurry to get back outside and play with their ATVs, Snowmobiles, Fishing boats, Motorcycles and vehicles as paid for on credit with loan payments sucking up all their pay.