Do you need $1.46 million to retire?

In a recent poll Americans say the “magic number’ to retire is $1.46 million dollars saved.
That is 53% higher than people said they needed in 2020.

Is that inflation or fear talking?

Here is another number: Adults in the United States have an average of $88,400 saved toward retirement.

What do you think about all that?

All sorts of people have all sorts of thoughts and feelings about that information.

They are thinking things like, “I am behind! Red alert, red alert!!!”
“I am going to end up living in a gutter if I live too long.”
Or even, “Why is society putting those pressures on me?”

Those statistics have caused some pain.

And here’s the bottom line, my friend: the numbers are all made up.

They are totally made up in people’s brains.
The people polled are pulling numbers out of their asses.

Good or bad, the numbers don’t apply to you.

They don’t take into account how much you make, where you live, who is going to take care of you and any possible medical conditions.

Your life is art.

You design it, you decorate it, and you fill it with more of what you want and less of what you don’t want. What do you want “retirement” to look like? You are the artist.

Start there.

Not with a number.

That is the beginning of a plan for a beautiful life.