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What percentage of income will a retired household spend on healthcare? 20.

The average retired household spends nearly three times as much of their income on healthcare as working households according to the Kaiser Family Foundation, retired ...
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How much will the average retired couple pay out of pocket in medical expenses? 19.

The average retired couple will pay $280,000 in medical expenses out-of-pocket. Fidelity Investments’ recently-released estimate finds that a couple who retires at age 65 in ...
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How much is the median savings in the United States?

The median retirement savings in the U.S. is just $5,000 In mathematical terms, the median means that half of the data is lower and half ...
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How many minority families are saving for retirement?

Only 41% of African-American families and 26% of Hispanic families have retirement savings. In other words, the majority of African-American and Hispanic households have no ...
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How many “low-income” households have retirement savings?

Fewer than 1 in 10 of low-income households have retirement savings. Just 8% of families in the lowest fifth of the income spectrum have any ...
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What is the median retirement savings of the average 60 year old?

The median retirement savings for 56-61 year olds is $17,000. Here’s a really scary statistic. As mentioned earlier, that the average retirement savings balance for ...
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