What You Need To Know
Its estimated that the short fall – how much money seniors will need relative to how much they have is nearing 9 trillion dollars.
25 million baby boomers are going to rely on social security for 90% or more of their income.
Surging cost of Long term care
Research shows Only 22% of Baby Boomers believe they are doing a good job of preparing financially for retirement.
Only 27% of Baby Boomers believe they will have enough money for healthcare expenses.
Only 24% of Baby Boomers are confident they will have enough savings to last throughout retirement, down from 36% in 2012.
According to data from Vanguard, the average American in the 55 to 64 age group has a 401(k) balance of only $177,805.
Yet Housing Wealth for Older Homeowners Reaches $6.42 Trillion in Q2 2017!
Please watch the video below to learn how the equity in your home could be the key to your financial security and peace of mind.
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