America's Retirement Timebomb!

Patrick Boyle On Finance

Send us a text

Over the next five years the largest cohort of the baby boomer generation will reach retirement age and while it is broadly assumed that they will have comfortable retirements, a recent analysis of their assets shows that more than half of this final group of boomers are not financially prepared to retire whatsoever.
In today's video we look at how American retirees found themselves in this position, and how much you need to save to have a comfortable retirement.
Patrick's Books:
Statistics For The Trading Floor: https://amzn.to/3eerLA0
Derivatives For The Trading Floor: https://amzn.to/3cjsyPF
Corporate Finance: https://amzn.to/3fn3rvC
Patreon Page: https://www.patreon.com/PatrickBoyleOnFinance
Buy Me a Coffee: https://buymeacoffee.com/patrickboyle
Visit our website: www.onfinance.org
Follow Patrick on Twitter Here: https://twitter.com/PatrickEBoyle
Patrick Boyle on YouTube
Additional Reading:
While America Aged by Roger Lowenstein: https://amzn.to/4fLLZ45
Peak Boomers Paper: https://www.protectedincome.org/wp-content/uploads/2024/04/Peak-Boomers-Econ-Impact-Study-ALI-RII-Shapiro-Stuttgen-EMBARGOED-Apr-18-2024-041924.pdf
Fed Survey: https://www.federalreserve.gov/econres/scf/dataviz/scf/chart/#series:Retirement_Accounts;demographic:agecl;population:4;units:have;range:1989,2022
Private pensions in the United States: Gambling with retirement security: https://www.cambridge.org/core/journals/journal-of-social-policy/article/private-pensions-in-the-united-states-gambling-with-retirement-security/F6599767174900C76CF00146B9F295C4
All Business. No Boundaries. The DHL Supply Chain Podcast
Welcome to All Business. No Boundaries, a collection of supply chain stories by DHL...

Listen on: Apple Podcasts Spotify

Support the show

Розділи

1. America's Retirement Timebomb! (00:00:00)

2. [Ad] All Business. No Boundaries. The DHL Supply Chain Podcast (00:11:10)

3. (Cont.) America's Retirement Timebomb! (00:11:50)