Everyone hopes that, after decades of hard work, they’ll retire rich enough to spend decades more enjoying the fruits of their labor.
But if you ask financial guru Suze Orman, the average American is nowhere near ready. Their savings won’t last decades — they’ll last about three years.
Northwestern Mutual’s latest study shows that average retirement savings jumped 13% in 2021 to a range of $87,500 to $98,800. Despite the…
Source link