A recent survey by Northwestern Mutual found the average American has saved $68,086 so far in 2022…
According to a survey by investment firm Charles Schwab, the average American believes they’ll need to save at least $1.7 million to retire comfortably.
If you saved $68,086 annually, it would take nearly 25 years to retire with peace of mind.
But for most Americans, even that’s an unattainable dream. Bankrate says 56% of Americans can’t cover an unexpected $1,000 bill with their savings.
Clearly, the average American won’t save enough to retire comfortably.
That’s why Daily editor Teeka Tiwari recommends a strategy that could help you pull forward 21 years of market gains in 3 months or less.
His readers recently had the chance to use it to make 44.8% and 61.1% gains off blue-chip companies like Colgate-Palmolive and Microsoft in less than a week.
That’s an average 53.2% gain in 6.5 days. The average annual return of the S&P 500 is 10%. So you can see how this strategy can help you accelerate your retirement goals.
To learn how to use this strategy, click here to watch Teeka’s special briefing.
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Regards,
Chaka Ferguson
Editorial Director, Palm Beach Daily