1201: The Retirement Crisis Hiding in Plain Sight - Episode 1201

The average American retirement account balance just hit $146,400, and the media is celebrating. But here’s what they’re not telling you: $146,000 and some change is not a reasonable retirement balance. At the standard 4% withdrawal rate, that's about $488 a month, before factoring in things like fees, taxes, and the brunt of inflation. On today’s show, I want to get brutally honest about the…