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Thursday, October 20, 2022

Average Retirement Income: Where Do You Stand?

  Average Retirement Income: Where Do You Stand?

"Alabama Average Retirement Income: $25,004. ... Do you know how you’ll pay for retirement? Or how much you’ll need to live comfortably in those years? According to a three-part survey conducted by CNBC, over 70 percent of Americans received a serious financial wake-up call during the COVID-19 pandemic. Because of this, many are now paying closer attention to their long-term financial goals and progress, including retirement planning. Reviewing the average retirement income can give you a sense of where to start preparing. After looking over the numbers, you can also gauge the health of your finances — and if they need a thorough check-up. .."

Reference: www.annuity.org