Is Retirement That Easy? (White Paper)
Retirement is one of the most important lifetime financial goals. Many Americans have reported some lack of preparation: four percent of Americans reported no retirement contributions, and the median household accumulated only $135,000 in retirement savings (Board of Governors of the Federal Reserve System, 2020; Munnell & Chen, 2017).
Like Suze Orman and Dave Ramsey, media pundits have brought light to personal finance, with one goal being to help working adults close the retirement gap. Using rules of thumb makes financial management a less complex process and simplifies the message. The obvious question: Is it really that simple?
Matthew Russell, MBA®
C. Ramel Strong, CFP, CIPM
Jodi Krausman, CPA, PMP
Derek Lawson, Ph.D., CFP®
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