The Inability of Most Individuals to Retire

by | May 17, 2023 | Backdoor Roth IRA | 39 comments

The Inability of Most Individuals to Retire




In this video, I’m going to share with you why the majority of people can’t retire. I’ll discuss the three main reasons and provide you with solutions so that you can retire on your own terms.

If you’re looking to retire on your own terms, then you need to watch this video! I’ll share with you the reasons why the majority of people can’t retire, and provide you with solutions so that you can retire on your own terms. Whether you’re a young person or an older person, you need to watch this video to understand the challenges you’ll face when you try to retire on your own terms.

FOLLOW US ON:
Facebook:
Instagram:
Pinterest:
Blogger:

Let’s talk about social security, cnbc, election, latest news, google news, stocks, news today.
Let’s talk about retirement, fox news today, world news, donald trump, joe biden, trump, fox news.
Let’s talk about retire, ssi, expand social security, donald trump medicare.
Let’s talk about republicans social spending, when are benefits taxable, trump medicare.
Let’s talk about disability benefits, average indexed monthly earnings, how much will ssi get in 2023.
Let’s talk about social security update, ssdi increase, blind millionaire, blind to billionaire.
Let’s talk about how much will ssdi get, ssdi, 2023 ssi, blind billionaire, ssi benefit raise.
Let’s talk about will ssdi get more, 2023 ssdi benefit, ssdi benefit raise, will ssi get more.
Let’s talk about indexing factors for earnings, social security administration, retirement 2023.
Let’s talk about low income, ssi increase, george kamel, alaska prepper, goshen prepping.
What is social security, CNBC, election, latest news, google news, stocks, news today?
What is retirement, fox news today, world news, donald trump, joe biden, trump, fox news?
What is retire, ssi, expand social security, donald trump medicare?
What is republicans social spending, when are benefits taxable, trump medicare?
What is disability benefits, average indexed monthly earnings, how much will ssi get in 2023?
What is social security update, ssdi increase, blind millionaire, blind to billionaire?
What is how much will ssdi get, ssdi, 2023 ssi, blind billionaire, ssi benefit raise?
What is will ssdi get more, 2023 ssdi benefit, ssdi benefit raise, will ssi get more?
What is indexing factors for earnings, social security administration, retirement 2023.
What is low income, ssi increase, george kamel, alaska prepper, goshen prepping?
Can financial experts, smart money, dividend investing, social security, financial independence?
Can financial education, canadian prepper, radikal marketer, cnbc, fondos indexados?
Can financial independence retire early, td ameritrade, financial independence, stocks?
Can bigger pockets, world news, epic financial strategies, self directed ira real estate?
Can self-directed ira real estate, retirement income sources, sdira real estate, self directed ira?
Can what is a self directed ira, real estate ira, radikal hughes, roth ira income limits?
Can unearned income, 401k early withdrawal exceptions, 401k en español, beneficios de un 401k?
Can roth ira limits, self directed ira for beginners, 401k para principiantes, que es un 401k?
Can tax deferred, ira conversion, 401k tax penalty, backdoor roth ira, backdoor ira?
Can retirement income portfolio, plan de jubilation, ira consolidation, retirement income planning?
Can retirement income, radikal marketer, cnbc, fondos indexados, financial independence retire early?
Can td ameritrade, financial independence, stocks, bigger pockets, financial education?
Can retirement checklist, retire happy, things we wished we knew before retirement, retirement travel?
Can practical wisdom, early retirement
Why financial experts, smart money, dividend investing, social security, financial independence.
Why financial education, canadian prepper, radikal marketer, cnbc, fondos indexados.
Why financial independence retire early, td ameritrade, financial independence, stocks.
Why bigger pockets, world news, epic financial strategies, self directed ira real estate.
Why self-directed ira real estate, retirement income sources, sdira real estate, self directed ira.
Why what is a self directed ira, real estate ira, radikal hughes, roth ira income limits?
Why unearned income, 401k early withdrawal exceptions, 401k en español, beneficios de un 401k.
Why roth ira limits, self directed ira for beginners, 401k para principiantes, que es un 401k.
Why tax deferred, ira conversion, 401k tax penalty, backdoor roth ira, backdoor ira.
Why retirement income portfolio, plan de jubilation, ira consolidation, retirement income planning.
Why retirement income, radikal marketer, cnbc, fondos indexados, financial independence retire early.
Why td ameritrade, financial independence, stocks, bigger pockets, financial education.
Why retirement checklist, retire happy, things we wished we knew before retirement, retirement travel….(read more)

See also  Our Retirement System is in trouble! How can you help yourself?


LEARN MORE ABOUT: IRA Accounts

CONVERT IRA TO GOLD: Gold IRA Account

CONVERT IRA TO SILVER: Silver IRA Account

REVEALED: Best Gold Backed IRA


In today’s world, retirement isn’t something that is guaranteed. With the cost of living going up every day and inflation on the rise, it seems that the majority of people just aren’t able to retire anymore. This is a growing problem that needs to be addressed, and there are a number of reasons why so many people are unable to retire.

One of the biggest reasons why people can’t retire is that they simply don’t have enough money saved. According to a recent study, 40% of Americans have less than $10,000 saved in retirement accounts. This means that they are not on track to save enough money to retire comfortably. This lack of savings can be attributed to a number of factors, including low incomes, high debt levels, and a lack of financial planning.

Another reason why people can’t retire is that they are living longer than ever before. As we age, our health care costs go up, which means that we need to save more money just to cover our basic needs. In addition, many people are staying in the workforce longer than ever before, simply because they can’t afford to retire. This is a problem for both the individuals who are working longer and for the younger generations who are trying to find work.

The rising cost of living is also a factor in why so many people can’t retire. Housing costs, food prices, and health care expenses are all on the rise, and many people simply can’t keep up. In addition, the rising cost of education has left many people burdened with student loan debt, which can make it difficult to save for retirement.

See also  Understanding an IRA: A Comprehensive Overview

In order to address this problem, we need to start thinking differently about retirement. Instead of expecting to retire at a certain age with a certain amount of money saved, we need to start preparing for retirement from an early age. This means starting to save money as soon as possible, even if it’s just a small amount each month.

In addition, we need to think about ways to increase our income, such as taking on a second job or starting a business. We also need to look at ways to reduce our expenses, such as downsizing our homes or finding ways to save money on food and other essentials.

Finally, we need to address the underlying issues that are preventing so many people from being able to retire. This means addressing income inequality, improving access to affordable housing and health care, and finding ways to reduce the rising cost of education.

In conclusion, the majority of people can’t retire because of a number of reasons, including low incomes, high debt levels, longer life expectancies, rising costs of living, and a lack of financial planning. Instead of accepting this as the status quo, we need to start thinking differently about retirement and take action to address the underlying issues that are keeping so many people from being able to retire.

Truth about Gold
You May Also Like

39 Comments

  1. W. Kurt Dobson

    With changes in the economy leading to instability in the stock market, some individuals may face a decrease in their investments in an effort to benefit from the current market conditions, I am considering liquidating my $725k portfolio consisting of bonds and stocks. Someone else in the same situation? Please tell me in the comments!..

  2. jeery jer

    Wow this video is very helpful and very informative to learn about majority people ❤

  3. Sajeeta Chaudhary

    Amazing & well explained video, thanks for sharing

  4. Mc Dave

    I never see myself actually retiring. I’m a worker. Even if it’s not working for someone else. I will forever work for myself.

  5. Iro Mina

    As you said these days it is very hard to even think of retirement from job because life is more complicated than before..We have to work hard to do so..

  6. Hashan ch

    I learned a lot About Why The Majority of People Can't Retire from this video. Clearly explains the content of the topic. The information in this video helped me a lot. Thank you very much for sharing this video with us…..

  7. e binz

    The video highlights the issue of a large number of people being unable to retire comfortably. Lack of financial planning, unexpected expenses, and the impact of inflation on savings are some of the main factors. It emphasizes the importance of financial literacy and taking action towards securing a stable financial future. very valuable video, thank you for sharing this video with us

  8. neththaru bookshop

    I simply love your video style, truly refreshing and creative. Wow, this is the kind of content god bless you

  9. Pras A

    firstly, thank you for the valuable information to us. this video explanation is very clear and I'm so satisfied. highly recommend you and I always follow the instruction. thank you very much.

  10. sameera dilshan

    Wow! What a great content I must confess. I really enjoyed and really learnt a lot from you video. Thanks for posting, I appreciate.

  11. gaming Naveesha

    Wow rlly like thus video and yourvideos very helpful for others.Thankyiu.

  12. PATHUM PATHUM

    very exciteng infomation on “Why The Majority of People Can't Retire Really this video is very helpful for everyone I got a lot of knowledge money management really this is very helpful thank you very much for providing this information….

  13. Rhino

    Such an amazing video. The way you explained it is amazing. Thank you for providing such an informative & helpful video. Love it. Many people because of lack of their future security may not tend to retire (i.e, either in politics or sports or anything. )

  14. Shawn Shawn

    Great video,Explained very clearly..thank you for sharing this information..please upload more videos like this..

  15. rash

    Wonderful content .It's very interesting and most valuable information . really enjoyed your presentation . Thank you for uploading this type valuable informative video

  16. Sadun Sudu

    This is great full Information on Why The Majority of People Can't Retire” I have learned a lot of important information from your videos. I enjoy watching your videos

  17. Lahiru Sanjana

    Wow,This video you know very helpful video for me and others.I most following your steps changing my life turning point.Thank you so mutch creating this video and i need another videos.Very interesting video to watch excellent and amazing video nice video Reall interesting video Important video thanks

  18. SL WORLD CHANNEL

    Wow I'm so happy to watch this wonderful information on Why The Majority of People Can't RetireI really expected this video, there are many things to know in this video thanks you very much for information

  19. Luiza Ol

    Great video about Why The Majority of People Can't Retire, I did not know about some things said in this video, you explained everything very well, thanks for sharing this important information. Amazing content.

  20. Anu Rajapaksha

    A great topic.. Thanks for bringing such informative and valueble video

  21. Anushka Perera

    your explanation is very clear and valuable. this video is most helpful to me. highly recommended you. useful content. thank you.

  22. KaVinZa_

    I never see myself actually retiring. I’m a worker. Even if it’s not working for someone else. I will forever work for myself.

  23. Santosh Thapa Chhetri

    Getting retirement at earliest is one of the most desirable events for almost every job holder as well as self employed ones. But, this is not possible just by wish. Early savings and enough investments are necessary. Your explanation was both clear and concise eloquent along with understandable terms. I really appreciate your time and resources used to prepare this video. Thank you so much for sharing this amazing and well informative video content with us.

  24. Nipun

    Great video! Something more has been added to our knowledge about this. really amazing. keep uploading videos.

  25. Caroline

    This is a great eye-opener i get to learn more and more each day thanks to Luxoid's amazing educative videos, can't wait to see the next upload

  26. Roberts Bhagya

    Great and interesting video…The content of the video is very informative …Thank you for sharing this video with us……

  27. Ciara

    Such an informative video , and a big fan of your content . Hope you always keep changing peoples lives with your life changing information. Keep more coming ❤

  28. Dibas Kandel

    Wow amazing,
    Very informative and interesting content.
    Explained Very well.
    Love it

  29. Nuwan Nuwangi

    Great content, thanks for the information..very interesting and useful video..thank you for posting this video ✨

  30. michael  richard

    remember It's important to start saving early and consistently to give yourself the best chance for a comfortable retirement

  31. stupid boi

    Thanks for sharing this informative video really enjoy your video and learn something from it.. keep it up

  32. leeza Daniel

    very clear information and i dont have any ideas about why People Can't Retire until watch this video. these information use full for our life thanks for the sharing this video

  33. SL BOY

    A very good video I came across today. Very good explanation. I learned a lot from this video. Your channel videos are awesome. Your videos are really good. Thanks for sharing this video.

  34. tech pic

    LUXZOID's video about the reasons why most people can't retire is an eye-opener. It sheds light on some of the common mistakes people make in their financial planning and offers advice on how to overcome these challenges

  35. FredTheFlintSol  2kirik

    WOW..This is a great and informative video to know about the best Forex indicator for scalping… Thanks a lot for this valuable and useful video…

  36. Good Luck

    This is a great and informative video to know about the reason why the majority of people cant retire… Thanks a lot for this valuable and useful video…

  37. Sachith Akalanka

    this video so useful for me and i didn't know these things about financial freedom and how to Retire early thanks for the information i love these kind videos pls keep it up

  38. Lawan Crish

    Important video your explained every details very clearly thanks for sharing us this video

  39. lara109

    great video. very useful content. more important and educational information include the video about the why people cant retire. i learned more valuable information via this video.I just like your explanation thanks for the sharing with us.

U.S. National Debt

The current U.S. national debt:
$35,866,603,223,541

Source

ben stein recessions & depressions

Retirement Age Calculator

  Original Size