The median net worth at 55, 60, and 65, and how much of that number is money you could actually spend
Most benchmark numbers stop at net worth, which hides the part that matters. The typical household aged 55 to 64 holds about $364,000 in net worth but only about $64,000 in financial assets. This episode walks the Federal Reserve's own survey figures for 55, 60, and 65, then splits the number into the part that can pay you and the part that cannot.
Take the free Retirement Income Roadmap (7 questions, about 30 seconds): incomeoverwealth.com/map
Watch this episode on YouTube: https://www.youtube.com/watch?v=Im6D97dMuqg
This episode is educational and focused on strategy and math. Always consult a qualified tax or financial professional before making personal financial decisions.
Retirement is an income problem, not a net-worth problem. Dan Wilson is a real estate investor, not a financial advisor. He buys and rents houses in Ohio, funds them with private money instead of bank loans, and built enough income from real estate to leave the Air Force. Twice a week, in about fifteen minutes, he works out how to replace a paycheck in retirement: where monthly income actually comes from, what each source costs you in risk, and how private lending works — including what to demand from any borrower. Every episode is also a video on YouTube. Educational only — not financial, legal, tax, or investment advice, and not an offer or solicitation of any investment.