How does my retirement balance compare to other people of my same age?

Are you struggling to keep up with your retirement savings? In this episode of the 'Ask Ralph' show, host Ralph Estep Jr. delves into the critical topic of retirement savings. The discussion is sparked by a question from a listener named Debbie, who, at 45 years old, is worried about her lack of retirement savings. Ralph shares compelling stories of two couples with vastly different retirement outcomes and presents hard data on average retirement savings by age. He offers actionable advice on maximizing contributions, cutting unnecessary expenses, and seeking professional help. Throughout the episode, Ralph intertwines financial wisdom with spiritual guidance, emphasizing the importance of planning and preparation in all aspects of life, including finances.

https://www.askralphpodcast.com/retirement-balance-compare/

00:00 Episode Overview
00:53 Listener's Question: Retirement Concerns
02:57 A Tale of Two Retirements
05:02 Retirement Savings Statistics by Age
08:45 Strategies to Boost Your Retirement Savings
12:32 Faith and Financial Planning
13:22 Recap and Call to Action

Schedule Appointment with Saggio Management Group, Inc.
https://app.acuityscheduling.com/schedule/fabfb9f2/appointment/8258839/calendar/2141336?appointmentTypeIds[]=8258839
Nerd Wallet Data Used in the show:
https://www.nerdwallet.com/article/investing/the-average-retirement-savings-by-age-and-whyyou-need-more