How not to have money for retirement
Dear Editor, 2019-2020 Federal Reserve SCF data shows us the average retirement savings by age in the U.S.: Ages 18-24: $4,745.25 Ages 25-29: $9,408.51 Ages 30-34: $21,731.92 Ages 35-39: $48,710.27 Ages 40-44: $101,899.22 Ages 45-49: $148,950.14 Ages 50-54: $146,068.38 Ages 55-59: $223,493.56 Ages 60-64: $221,451.67 Ages 65-69: $206,819.35 How can you grow money for retirement savings? Three men were talking at a morning coffee shop table. One said, “I hope someday I can just strike it rich.” Another one said, “I hope I can win the lottery.” Another got up to leave the table saying, “I’m on my way to work, that’s…
