Average Retirement Income by Age 65. Are you on track?
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- Опубликовано: 12 апр 2024
- ✅ FREE RETIREMENT ASSESSMENT ✅ www.foundryfinancial.org/reti...
The mismatch between retirement savings and spending has led some to declare a “retirement crisis.”
Retirees get their income from a number of sources. For some, it's a combination of pension payments, retirement plan withdrawals, investments, Social Security, and ongoing work.
In today's video we're going to explore three questions:
1. What are the average expenses in retirement?
2. What is the average income in retirement (both the mean and the median)?
3. Should you be concerned about your retirement income?
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ABOUT ME
I’ve always been passionate about personal finance, investing, real estate, and helping people find the freedom to live their life with purpose. But when my dad died in 2015, I tried to help my Mom find an advisor to sort out her finances. Instead of a helping hand, I found an industry of financial advisors dominated by glorified salespeople working on commission - pushing products that were not in my mother’s best interest. Or advisors with minimums that shut-out all but the ultra wealthy. Disappointed with the options, I took matters into my own hands and launched Foundry Financial, a wealth management firm with transparent pricing that specializes in helping provide clarity around money - so you have the confidence to make smart decisions.My goal is to help a million people retire without worry!
📅 THE BASICS OF RETIREMENT PLANNING
Retirement planning has several steps, with the end goal of having enough money to quit working and do whatever you want. Our goal is to help people master retirement and retire without worry.
Step 1: Know when to start retirement planning. When should you start retirement planning? The earlier you start planning, the more time your money has to grow. That said, it’s never too late to start retirement planning. Even if you haven’t so much as considered retirement, don’t feel like your ship has sailed. Every dollar you can save now will be much appreciated later. Strategically investing could mean you won't be playing catch-up for long.
Step 2: Figure out how much money you need to retire, The amount of money you need to retire is a function of your current income and expenses, and how you think those expenses will change in retirement.
Step 3: Prioritize your financial goals. Retirement is probably not your only savings goal. Lots of people have financial goals they feel are more pressing, such as paying down credit card or student loan debt or building up an emergency fund.Generally, you should aim to save for retirement at the same time you're building your emergency fund - especially if you have an employer retirement plan that matches any portion of your contributions.
Step 4: Choose the best retirement plan for youA cornerstone of retirement planning is determining not only how much to save, but also asset allocation. It can make a massive difference in your retirement plan.
Step 5: Select your retirement investments. Retirement accounts provide access to a range of investments, including stocks, bonds and mutual funds. Determining the right mix of investments depends on how long you have until you need the money and how comfortable you are with risk. It’s often helpful to talk with an adviser to discover the right mix of stocks and bonds.
❣ SPONSORED No, this video was not sponsored.
⚠️ "DISCLAIMER:⚠️This is not financial or investment advice. This Channel is meant for EDUCATIONAL AND ENTERTAINMENT PURPOSE only. None of this is meant to be construed as investment advice, it's for entertainment purposes only. #retirementplanning #retirement #passiveincome
Kevin. Appropriate topic. Born very poor we devoted out life to not retiring poor. We are upper class as Pew Research defines it. In our 70s, we eat well and have a nice 4bdm home with pool. Life is good. Trick is to live below your means and keep out of debt.
Yes, that's the key. Always live below your means, especially in the years when "you don't have to" and you will be in great shape in retirement. Sounds like you did it right.
Agree 100% Similar situation for me. My parents weren't poor but money was tight. With frugal spending there was enough, but not a lot to spare. It taught me the value of spending wisely. I got a comp sci degree and a good paying career. We are no financial geniuses but we did avoid debt, have lived below our means, and invested the difference. I'm retiring in a month - almost to the day - and we're in pretty good shape. Our plan shows we should have about the same income in retirement as we have now - we'll see how that works.
@@xlerb2286 Good Job!
And don't let your wife divorce you. She make take half of all you earned right before retirement!
@@prairiemark4084 Divorce me before retirement? Nope. We are in our 70s and completely compatible with each other. Plus she is my equal in wealth and education. Guess what? Neither of us are in debt!
I love the way financial advisors disparage “DIY” investors in one breath, and then obfuscate and complicate everything in an attempt to sell their services.
40 now, and everything is paid for. Fortunately, I had a college economics teacher who taught me a lesson when I was 18 years old. That lesson was: you can't buy something else for every purchase you make. Having multiple sources of income is prudent, as is living within your means. I have a 13-year-old vehicle because it is all I need, I like it, and I can do whatever I want with it. My net worth is $900k, and I can pay my bills without stress, but I don't live like I have that. I have no complaints.
I’m also 40 now and currently live with my elderly parents due to my autism spectrum disorder but other than that I’m quite independent and can drive and cook 🧑🍳
Smart early middle ager 😊. I lived the same way since age 40 and I’m now 53. It only gets better keep doing what you were doing and you’ll have increasing discretionary income as you go can easily afford any vehicle but my 2015 prius takes care of me.😅
I think I'm good, SS and pension $80k per year, house paid off.
💤
Yea me also, retired Master Chief from USN. Great pension & medical +. Full paid home in Savannah with 3 fully paid for rental properties. I am only 53 and do not need the ss income.
I'm sixty six, and retired about a year and a half ago. I have very low requirements with regard to income. I only need around three thousand a month to live comfortably, so I only need to draw around a thousand a month from my retirement accounts, and have a pretty decent retirement account and also a good amount in liquidity. I think the key is living within your means and trying to get, and stay, as debt free as you can.
Good thing for you. With Bidenflation, your savings are becoming worthless.
The median retirement income has a bit more relevance to the average retiree.
Here it is 2024 and still my parents and grandparents' stories about the great depression are vividly remembered.
My parents are baby boomers born in 1952 and 1960 and my siblings and I are millennials
Yes, I was old enough to know the original homesteaders who first settled the land and broke the sod. We don't even know what poverty is. One of my sadest memories was the day my Dad and I went around and burned down about 5 or 6 homestead shacks. That was in the 1960s and the homestead shack were put up between 1912 and 1919 in our isolated area. The tax man was billing Dad about $20 a year for each home so he felt he had to burn them. I got to keep the pots and pans and kitchen utensils. I had the best equiped playhouse in the community!
My grandkids would come and do work around our house, but they never got paid. Their parents wanted to teach them about being respectful of the family especially grandparents. We however open Roth IRAs for them and made small contributions to the accounts each Christmas. Now it’s up to them to continue, which they are doing. Although one is better at saving than the others. Point is we started them out on the right path
That is really awesome 👏. Thank you for sharing
Great video. Thanks 🙏
Good video raw dog. 👍
I just started watching your videos. I think you're clear and concise in your presentation. These retirement topics can be are complicated and the future is unpredictable. I think your videos will help people plan and adapt when those plans ultimately need changing. Keep up the good work.
Thanks for making Right Capital available to try (in your ROTH and SS videos). It was interesting and fun to examine the Roth conversion and various SS claim age scenarios. I can completely recommend that people at least try the Right Capital software if only for that.
Most trial versions of retirement software that I've looked at do not provide their Roth conversion feature. I get it, they want you to buy/subscribe to their products. Lack of availability made me build a spreadsheet to do to simulations. Though my output was much less pretty and not very intuitive, I'm happy to see that I came to similar conclusions as Right Capital. It was a complicated spread sheet to put together, so having software that is moderately easy to use like Right Capital will help a lot of people.
Thank you! I really appreciate it. I'm glad it's helpful.
it's not the income, it's the outgo. at 66, i have cashed out of
the market and taking my house sale money to buy an off grid
homestead. closing the gate and saying good luck to you all.
ss at 70 and that will be annuity gravy. an income pond, no streams.
i'm good.
Is the gate locked?😂
@@bright2915 locked to all outside my hoola hoop that don't know the code.
@@natureboy1313 why do you say that?
Hey sorry bout that.
With 20 years on the time horizon - definitely go out with a bang!!!
Our SS plus pensions will be about $80k a year. Our investments are earning about the same amount of interests and dividends. So we will not need to withdraw anything. I am still working not because of $.
Don't forget the most important lesson. You take nothing with you when it's time to leave this earth.
time you cant replace....you sound like okay to get out of job......wasting time....
Nice. The best job to work is one you can do on your terms. That is what we do at retirement age. It keeps the brain active and prevents it from turning to mush.
I am a diy investor and I am my own financial advisor. I also help my kids with their investments as well as grown grand kids. We are all doing great. My greatest frustration is that I fear my family isn’t financially literate enough to go it on their own. Working on that all the time.
Yeah, average means nothing when it comes to retirement anything, always the median. So many people are very far behind.
Disconnect from reality. My frist question to guys like this. What is the percentage of your clients that are millionaires or close? Like 40% of people don’t even have a 401k or similar. If you can make 80% of your working income in retirement you’re in good shape. 75k? I didn’t avg that when I worked construction.
I will have 10% withdrawal rate for five years and will then be able to live off Social Security and pension alone ...
I really like your videos. They are clear, detailed, and helpful. Thank you for that. I wish I had a local financial planner like you where I live.
With that said, I have always followed a passive index investment strategy. I have tried to minimize the investment expense rather than pay a manager to try to beat the market. Is is possible to create a holistic retirement plan but eschew active money management?
Thanks, Alan!
Haha, a government pension when it is deferred (when you have a career after gov't service) really sucks. They don't give you any interest or increase for the time frame between leaving and retiring.
No company would give you benefits if you leave before retirement eligibility. Stop whining
Are you defining "retirees" as individual spouses in a 2 person household, or is this the "household" income per couple? BIG difference!!
The study looks at households, but many are headed by single filers.
@@foundryfinancial So roughly $50k median household income, not $100k?
In the United States, we live in a constitutional Republic, with a representative democracy as a form of government. This is reflected quite strongly in the way personal finance and debt accumulation among most voters is mirrored in the unconscionable spending we see from Congress. The short-sighted practices from both groups are going to have long-term consequences which impact all Americans, but most notably those who have lived far beyond their means, for far too long. It's why so many are working into their late 60's and even 70's...they have never prepared, so they will really never retire.
fortunately I and wife have no debt, great federal pensions with health insurance at the employee premium + medicare, not taking SS until FRA + Va disability payments, wife took SS at 63 10 months. Not touching IRA/TSP other then Roth conversions
We are experiencing not only unexpected inflation but hyperinflation in 2024!!!
Is the median pension the median of those who have pensions, or does it include people with zero pensions?
According to my Social Security statement, if I wait to claim until age 70, my benefit will be $4,746.00 p/mo.
Don't forget to knock off the Medicare Premium from your number. Minimum is $174/month up depending on your AGI. Also your SSI can be taxable up to 85% of your gross benefit, not the net benefit also depending on your AGI. You will not get the whole $4746/month. So do the math in your case and plan for the lesser amount. I do my tax calcs a year ahead so I won't be surprised the following April. I'm 75 this year.
Yes but that is not your full retirement age which is typically 66 years or so. That is what he was referring to. 70 is the maximum delayed benefit age.
I've been living on a $20k/yr retirement with no problem.
Averages are not good measurements. Median income more appropriate.
Retirment costs vary greatly by area of the US that you call home. So the median for many is skewed by east and west coast retirees needed income.
True, median pension from Calpers is about $47,000.00 so it does make a difference.
It's great to have an estimate on how much you will want/need for retirement income. But one huge factor is location. Where you choose to live greatly effects what you need. A retiree in TN needs less than half what a retiree in NY needs.
Depends where in NY and where in TN, and lifestyle. Outside of NYC a lot of NY has pretty reasonable costs. And Nashville is not cheap.
@@JBoy340a You are just proving my point.
@@andyd4298 My point is every state is different AND every region in a state is different. You really cannot compare state X to state Y. You need to get much more local than that.
@@JBoy340a Which is exactly my point.
How you do in retierment depends on where you live. If you live in NY or Cal. good luck. I live in the south and my property tax is less than 1000 dollars a year. All other cost are also less. Ben
You obviously don’t live in Florida!!
Actually, in California it is pretty easy to retire in place. Especially if you have owned your home for more than a few years. Property taxes are largely fixed based on what you paid for your home. They limit the increase of property tax payment to under 2%/year regardless of the increase in the market value of your home. Also, if you decide to move elsewhere in the state you can take this low property tax amount to your new home if your new home is worth less than the market value of your old home.
I'm glad you mentioned expenses. I'm out at the end of 2025 and will be doing the "bottom up" method. One year before retirement, determine your total annual expenses. Take that number and add in a 15% to 20% buffer for incidentals and emergencies. Take that total number and divide it by 0.8. The resulting number is the approximate minimum gross income you'll need during year 1 of retirement. Apply a COLA each year afterwards.
I recently retired and my pension and drop payments total $8100/month ($7400 after taxes).
My pension continues for life, but my drop money runs out in 3 years. At that time SSI kicks in
and that's $4400/month. Then it will be about $8300/month for life. In addition I have $594,000
in my 401k. If I don't go crazy with spending I should do ok.
When you talk about average expenses and income, are we talking about individuals or households? I am somewhat surprised if we are talking about individuals.
Household, but of course there are a lot of single family households.
Much bigger fan of median over average
"With one hand in a bucket of hot coals and the other hand in a bucket of ice on average am I comfortable?" Mark Twain
Use the median and does that graph indicate couples or single people on how much they spend
What's the median income from Social Security?
Two Pensions and investments, post taxes I'm getting about 14k a month. I'll draw SS in 5 yrs.
That is impressive.
Very hard to do unless you had some serious government jobs.
Well the first thing you need is to work out what your budget will be like when you retire based on todays figures. I know I won't have a mortgage so i know what my annual budget will be. Next, I know what guaranteed income I will be getting from different sources and can project how much my investments will be based on historical data, That's the best you can hope for. Once you have a baseline, you can work out your average tax rate and estimate what your net income will be. Divide your net income by your expenses and if the answer is 1.25 or more then you are probably going to be OK. For example, if your net income is $40,000 and your expenses are $32,000 per annum then you have wiggle room for unexpected bills and can use the disposal income for treats like trips or eating out
One thing that I didn't catch in this excellent video was the fact that in many, (if not most), retirees situations is as a couple and the video doesn't address the fact that in most cases there are two people with potentially two incomes i.e. pensions etc. Just wondering how that fact works into the calculations.
Thank you! The numbers are based on the household.
How about RMD???
How does a CFP guide a ‘younger person’ today planning for retirement and thinking about a retirement income stream they will need to make it? Major impending reforms to SS and Medicare are going to blow up the general wisdom of today. Just take two simple examples of SS FRA being increased even 1 year, or increasing penalty on collecting at 62 by another 20%, there must be generational differences built into the retirement planning software, right? When running generational data today, (median savings, median net worth, etc.) what does it matter if the expectations are going to materially change what ultimately projected retirement income is meant to support…it isn’t going to be an apples-to-apples set of rules….a younger generation person will need to have their retirement income work X% more than the older generations…with a crystal ball…what does a fiduciary think that % is applied to each generation after the boomers? At least for Millennials and Z, and targeting 62, back-of-the-napkin math shows a likely double-digit % increase from the conventional modeling of today….and converted to real present and/or future dollars…there are going to be many people that are going to cry real tears one day.
people are becoming aware of the correct way to file for social security..wait as long as you can...
1,500,000
The numbers are for an individual or a household?
Household
I questioned that also.
It would seem like 2 persons with SS would cover more than 1/2 of a $50K income.
I am 71 years old, retired, debt-free, and have a positive cash flow. Do I need a CFP?
No, you need counciling on how not be arrogant in a comment section of people who are struggling. Have some consideration and be thankful, not boastful.
My dad is also 71 years old and is really well off and has a pension and a positive cash flow born in 1952
@firefeethok_tui2355
That person asked a honest question !🙄
Is this household income or single person income?
Household
Guess what, before Ronald Reagan most people had a defined pension plan versus a 401K. But thanks to Reagan and his policies, Pension plans disappeared and were replaced with 401K‘s and unions also were basically destroyed during this period of time. You reap what you sow . Good old private sector, and Wall Street “saving” American retirement. Now retirees either have money or they don’t and people with money blame retirement failures on the less fortunate: “they didn’t invest enough” or they are “spendthrifts” Well, hard to invest when most folks live paycheck to paycheck. That’s MOST people.
Your statement is incorrect, you would be correct if you said that “more” people had defined pension plans, but “most” people did not have define pension plans. You also did not state that many pension plans were underfunded and thus not able to play the promised benefits. You should not rely on others (either government or your pension) to provide for you, instead you should ensure that you provide for yourself, thus that is where 401k’s, IRA’s, Roth’s of both of these, and real estate are things you can control and ensure your own retirement. It really is not that difficult, we did it on a single income and retired @60. The key is to live below your means, don’t borrow money, and don’t make stupid mistakes (divorce, buying new cars, buying more house than you need, crypto, smoking, drugs, etc), stay clear of these things and in most cases your will thrive.
Your statement isn’t accurate. And I would love to know what policies were enacted that caused private companies to drop pension plans. These companies were already walking away in droves because of the liability. Hence, the 401K was created.
Reagan was 40 years ago. Biden is now. Blame Reagan all you want, Biden has brought back Stagflation. Let me guess Union Teacher right?
Can't really blame Reagan. 401ks were introduced around 1983 as a supplement to as opposed to a replacement for pensions. That didn't happen till the 90s around the shift to managed care. I blame baby boomers an their hatred of their fathers' labor unions (see the movie Wall st for an explanation)
Funny how the private sector couldn’t make pensions work but if you have a state or federal pension it works and with cola increases. Wonder why….. Oh that’s right the taxpayer will pay for it and make up the difference. So tired of people I know retiring after 30 years ( age 50-55 ) and retiring with crazy pensions thinking it is normal. No it is not normal and it is also not sustainable. Federal and state pensions use to be because they didn’t make as much as private sector. Now they earn more and still get killer pensions. Government over spending is what is causing this crazy inflation and increasing retiree stress.
Retirees should not be affected as much by inflation as people who still have mortgages and debt. Well, smart retirees won’t be affected as much.
I agree, but other home costs are sky rocketing. apple.news/APwA5At_bTfu2YGcexZ2XYQ
You are still highly affected. Food costs, insurance costs, fuel and utility costs. I have been 100% debt free for years but my annual costs to just live continue to rise at an alarming rate.
Wrong wrong wrong. These are household incomes and expenses not an individual.
My SSI is over 4k, whats this guy talking about?
what's a pension?
The things that were killed by baby boomers cause 'I can manage my money better'
Wrong they were killed because with the suppressed interest rates on bonds ( considered safe investments ) they could no longer afford to make payouts to retirees. Rates should have never gotten as low as they were. Savings and cost of capital should mean something but not in this crazy world. @@ronrollo5023
Something that Richard Nixon and Ronald Reagan killed
@@ronrollo5023 Yup, glad to hear you can carry your own Mudd. Lol good luck.
Can you do a video about how whole life insurance can play a good part of a financial planning how cash value can help or not
If you follow the requirements, you can do a no tax "1035 exchange" of a whole life policy to an annuity. I see that Fidelity will help you exchange to one of their brokered annuities.
Short answer is NO! Whole life insurance doesn't play any part of a well-managed intelligent investment account. It does, however, play a part in Insurance salemen's commissions.
Whole life can be a good part of a financial plan if you have a very high income. For example if you make 500k a year and have maxed out all forms of savings shelters whole life cash value can be a good part to shelter more income. It grows tax free and can be borrowed from tax free. Also the whole life they I have cannot be taken in a law suit and it is also a form of disability insurance given that if I become disabled it pays the premiums and still grows tax free and grows in cash value. I’m no insurance salesman but my whole life insurance has been a good part of my investment portfolio at about 15-20 percent or so. It is also forced savings for me and I get a guaranteed 5 percent return as of 2024.
So you are correct. For an average income person or even for a person who makes 200k or less it is not recommended.
The Cash Value can be the tax free borrowing amount. This provides you additional cash-in-hand to use as you wish. The "borrowed amount will be deducted from the insured amount when the policy holder dies that is why cash value will never be larger then the insure amount.
The median boomer actually put some money aside for the rainy day
Not so sure about the current gen
Not true boomers that are doing well likely have a traditional pension as part of the mix. So in fact their employer or union put money away for a rainy day
Sooo…if my house is paid off and my property taxes are waived (100% Disabled Veteran)…How much income do I need?
It depends on how much you spend. In reality it is a personal question and answer. What are your expenses? That basically is what you income will need.
inflation strips away from your income and the cost of everything goes up every year. $50,000 in 30 years will if this country hasn’t collapsed from debt before then will wipe you out. If only 2% inflation everything will cost 60% more in 30yrs. Without having crazy inflation like we have had the last 3.5 years. Just think 25% loss in purchasing power in 3.5 years. Caused by government insanity.
Exactly. You can only kick the can so far down the road.
Soon a pack of gum will cost $10.00
I’m doomed…😢 I’m 52 years old and only have 150k in an old 401k and a 16k in new 401k with my current employer. No savings, no house, just only rent. My credit score is 800+ , I don’t have any debt. I live very minimally. What are my options?
Save, save, save. I'm 54 and in maybe the same financial shape as you, but I've always owned my homes and able to build up a bit of equity over the decades. I never invested in my company's 401K because I didn't like how they locked up my money and the investment options were more limited over my brokerage, Roth IRA, HSA accounts so I was okay with forgoing that company match which by the way for years my company wasn't paying into to weather the financial storms over C0vid. My wife also works in her very nearly six figure job and we bank 100% my paychecks into the brokerage account allowing me to build up my dividend income that almost completely matches my current monthly income at my job. All I'm doing is saving, saving, saving, and at some point in the near future we will get two fairly sizable inheritances to add to our retirement. I plan on retiring when I'm 62 as after working in corporate America for 45 years at that point I will be done with the BS as I'm actually done with it now, but I keep pushing forward.
how much will your ss be
Hey at least you have no house to sell to worry about :). Move to another lower cost living countries : ), learn new language and have fun living longer. There are many countries out there with that saving and USA monthly SS# can easily live comfortable.
You can put 300000 in 401K by the time you reach 62 and if you invest aggressively and dollar cost average ... it will more than double. You will have 600K+ in 410K; old 410K will also more than double; you will have about 300K in it. You should have 900K in ten years if you do not touch your 401K. Hope inflation does not ruin the fun. You should be able to withdraw about 36K per yr from your 401K by the time you hit 62 or 65. Edelman financial engines, Fidelity planning tool, etc. should be able to help you forecast your financial future.
@@rajanvaradarajan4575 I appreciate the response. I don't feel so bad now
Is this the average or the median income?
I talk about both the mean and the median.
So what you’re telling me if I read between the lines as that we need to buy a HECK OF A LOT more Crypto to protect against inflation. Thanks so much for the financial advice!! Telling my friends to buy more crypto because of your recommendation thank you!!
Life is not fair. Deal with it.
so you are mentioning federal workers having a BETTER pension then people in the private jobs. How is this fair in this country? I am f ing subsidizing the incompetence of the government , which ends up telling me how to live my life.
Typically they have a lower salary than their private company peers.
@@foundryfinancialthis is true. Although it is difficult to see this if you haven’t saved a lot of the difference between private sector and public sector. In theory that’s what a government pension should be for. It’s to attract the talent that may otherwise wise go to the private sector. I’m no government apologist but if you are a highly skilled private sector worker you could make twice as much or even 3 times as much or more as a private sector worker. Sky is the limit. So for example if the government pension say is 4 grand a month for example you need to save about an extra million or so to make up for the difference.
Exactly, this is my situation. Worked for government for last 24 years. Salary wasn't great, retiring end of this year. Pension will be 3200.00 per month. Fortunately have quite a bit of investment savings so will wait to take SS till least 67 @@foundryfinancial
@@foundryfinancial that may be, but have you seen the number of government jobs? They ve grown at a crazy pace. As a matter of fact, if you take away those jobs, the unemployment would be much higher. So you, Mr Foundry, are in CA, where current unemployment is 5.3 Perhaps, that s not a bother for you, those people don't save for retirement, so no potential customers for you.
Sounds like you have a fairly limited understanding of who federal workers are and what they do. But it’s easier to spout stereotypical tropes than know things.
Well … I just signed up for my SS this week at the age of 70. I am one of the lucky ones that love their job and the pay and benefits are also very good. Between my SS and very small pension I will get 59k a year and my Wife’s SS adds another 20k. Our house has been paid off long ago and we never had kids. So in reality we have sort of lived a semi retirement lifestyle for the last 25 years and enjoyed our life like we were in retirement doing what we wanted when we wanted. So at this time I have no plans on quitting my job anytime soon especially with Bidenomics ruining the American Dream 😢
Ok cult member
@@ron4413you make a comment but no facts. Support your position
@@ron4413explain what you mean
Yep. Inflation to buy people's votes is going to destroy any savings. Tough times are coming.
@@ron4413 FJB! 🐑
This whole thing makes me sick. We have collectively ruined this country. I put a substantial amount of money into a system (ss) only to see it bankrupt by corrupt politicians while those who make a deal with the devil and work for the federal govt make a futune being inept at their work only to retire with better retirement.
Exactly
If we retire, Biden, we can all retire with more money!
So much talking, give us the facts, cut down the fluff
don't normally comment on videos, but I'm glad you been posting more