The Financial Guys

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44% of Young Adults Want To Retire at 60, But Few Are On Track. Are You?

Financial advisor, Russell Gaiser was featured in a recent CNBC article to talk about what it takes to retire at the age of 60. The article states that 44% of young adults in their 20s and 30s want to retire at 60 but are not on track to reach that goal. Russell Gaiser shares his thoughts.

Pay attention to your savings rate

If you’ve been diligently saving a healthy portion of your income and investing it for retirement, chances are you’re doing better than most.

“A general rule of thumb would be to save at least 15% of your gross household income toward retirement,” says Russell Gaiser, a certified financial planner with advisory firm The Financial Guys

You can read the full article referenced, 44% of savers in their 20s and 30s want to retire by 60, but few are on track—see how you stack up for full details.

“Securities offered through Peak Brokerage Services, LLC. Member FINRA /SIPC , Advisory services offered through Independent Solutions Wealth Management LLC., an SEC Registered Investment Adviser.

The Financial Guys and Independent Solutions Wealth Management LLC. are not affiliates of Peak Brokerage Services, LLC.”

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Mike Lomas On Government Spending

Michael Lomas, CEO and Co-Founder of The Financial Guys, recently penned this guest editorial detailing the repercussions of the United States financial support of Ukraine. After Congress approved a $61 billion foreign aid package to help beat back Russian aggression, Lomas explains how this is a slap in the face to every hard working American.

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Ron Reinstein’s Insights On Student Protestors

In a recent guest editorial, Senior VP of Wealth Management, Ron Reinstein emphasized the urgent need to confront pro-Hamas radicalism. The article underscores the destructive impact of extremist ideologies on today’s college campuses and the uptick in antisemitic behaviors by radical Americans.

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