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Doug Oosterhart, CFP®

Owner/Financial Advisor

 

LifePoint Planning, PLLC

1821 Walden Office Square, Suite 400

Schaumburg, IL 60173

 

Phone:  844-505-3618

 

Email: doug@lifepointplanning.com

Website: www.lifepointplanning.com

January/February 2025

Who's Best Prepared for Retirement

Whos Best Prepared for Retirement

Americans with average annual earnings in the 90 to 100 percentile ($216,000 and higher) have mean retirement savings of $913,300.


This is significantly higher than the $226,700 in a mean retirement savings owned by those with average earnings in the 50 to 89.9 percentile ($75,000 to $216.000).


Source: Federal Reserve Data, 2023


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