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Terry Nelson, CFP®, ChFC®, CASL, LUTCF®
Olmsted Financial Group
3428 Lakeridge Pl. N.W., Suite 120
Rochester, MN 55901
Phone: 507-281-1262
Cell: 507-250-3967
Fax: 507-281-9131
January/February 2025
Who's 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
Securities and Advisory services offered through Geneos Wealth Management, Inc. Member FINRA/SIPC.
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