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People Can't Afford to Retire... Millions Are Doing It Anyway | How Money Works
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People Can't Afford to Retire... Millions Are Doing It Anyway
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#career #retirement #finance
I donāt know if youāve noticed this, but, everybody is getting oldā¦
This year a record number of people will be turning 65, and next year that record will be broken again.
We have been warned about aging populations for decades⦠and now⦠itās actually happeningā¦
Unfortunately, the savings retirement gap for millions of households is wider than it ever has been, and peopleās assets have been eaten up by inflation, bad investments, and good old fashioned financial illiteracyā¦
Over 20% of people on the cusp of retirement have no savings AT ALL⦠but that isnāt stopping themā¦
Millions of people across the world canāt afford to retire, and theyāre doing it anyway⦠so what does this mean for everybody else?
If people lose their jobs over the age of 50 they are almost forced into retirement whether they can afford it or notā¦
So itās time to learn How Money Works to find out what this means for everybody else supporting a growing group of people, that canāt support themselvesā¦
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Disclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channelās clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out.
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----- Keywords: mortgage crisis, stock market, economics explained, housing bubble, recession analysis, business analysis, wealth building
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