REI Mastermind Network | Real Estate Investing Strategies & Mindset
EP051 - Over 80% of America Will Retire Broke!
March 22, 2018
Josh and Jack discuss a recent survey that finds that over 80% of America will retire broke. The article focuses on the 42.3% but the reality is a person needs nearly $1.5-Million to live a "reduced lifestyle". Nowing this, the above results point to over 80% of the population will retire broke! Source: https://www.gobankingrates.com/investing/why-americans-will-retire-broke/

Josh and Jack discuss a recent survey that finds that over 80% of America will retire broke.

Survey Results:

The article focuses on the 42.3% of people saving less than $10,000 but the reality is a person needs nearly $1.5-million to live a "reduced lifestyle". Nowing this, the above results point to over 80% of the population will retire broke!

Source: https://www.gobankingrates.com/investing/why-americans-will-retire-broke/

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Follow Josh Koth and Jack Hoss on their journey towards financial freedom using the power of Real Estate through the REI Rookies Podcast (Real Estate Investing Rookies Podcast). We share our experiences as we acquire rental properties, build net worth, and work towards financial freedom. We are focused on creating wealth through conventional and creative real estate investing while improving our financial education. If you are a fan of Rich Dad Poor Dad by Robert Kiyosaki and Millionaire Real Estate Investor by Gary Keller or are looking for an alternative to the Dave Ramsey, Jim Cramer, Motley Fool or Suze Orman shows we invite you to subscribe today!