Did you know that only 6% of people in a room of 17 are likely to retire comfortably? Discover the key financial decisions that can make or break your retirement plan.
If you’re in a room of 17 colleagues, only one of you (6%) is likely to retire comfortably, shows the 10X Retirement Reality Report.
The differentiator probably isn’t salary or savings rate, it’s how that person managed their money, particularly once they stopped working.
People are also living longer: Over the past two decades, life expectancy has climbed by 13 years, which means many retirees will need their savings to last longer than they expected, adjusting for rising healthcare costs and cost of living.
What drives that 94% retirement shortfall is rarely due to one bad financial call, but a series of smaller decisions that worsen the situation over time.
