This video discusses the average retirement income by age categories, 65 to 74 and 75+. The video uses data from the 2022 US Census, so it is both recent and quite accurate. The video also breaks down the three most common sources of retirement income for most people and highlights the "average" percentage each income stream contributes to a retiree's overall income.

LINKS DISCUSSED IN THE VIDEO:
2022 US Census Data Income Levels
https://www.census.gov/topics/income-...

Retirement Learning Center - Income Type in Retirement:
https://retirementlc.com/sources-of-r...


OTHER IMPORTANT LINKS:
FREE Retirement Ready Checklist:
https://HolySchmidt.com/Checklist/

Follow Me on Instagram:
  / the_schmidtlist  

Geoff's Facebook Page
  / geoffreymschmidt  

Federal Reserve Board Survey of Consumer Finances:
https://www.federalreserve.gov/econre...

Social Security Administration Application for Benefits
https://secure.ssa.gov/iClaim/rib

Current Social Security Cost of Living Adjustment
https://www.ssa.gov/cola/

Social Security Payment Estimator
https://www.ssa.gov/benefits/retireme...


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Disclaimer: this video is for educational and entertainment purposes only and is not meant to be a substitute for legal, accounting, tax, or professional advice. If you have any specific questions about any legal, accounting, tax or other professional service matter you should consult the appropriate professional services provider.