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Join Jeremy Riggs, Certified Financial Planner with Base Wealth Management, as he breaks down the average retirement spending for middle class Americans and the income they may need to support their retirement. This video defines what middle class means, looks at various income examples, and explores the concept of the income replacement ratio. Learn how much retirees need to save, the challenges they face, and some actionable steps to improve your retirement strategy. 00:00 Introduction to Retirement Planning 00:17 Defining the Middle Class 01:15 Retirement Spending Needs 01:50 Income Replacement Ratio Explained 02:17 Savings Required for Retirement 02:53 Current Savings vs. Required Savings 03:18 Steps to Improve Your Retirement Strategy 03:28 Conclusion and Additional Resources #money #finance #moneymindset Base Wealth Management (“the Firm”) is an SEC registered investment adviser located in Lakewood Ranch, Florida. Registration does not imply any specific level of skill or training, and the content of this communication has not been approved or verified by the United States Securities and Exchange Commission or any state securities authority. BWM may only transact business in those states in which it is registered or qualifies for an exemption or exclusion from registration requirements. Investing involves risk, including the possible loss of principal. Past performance does not guarantee future results, and no strategy can ensure success or protect against loss in declining markets. For additional information, please review the Firm’s Form ADV, available at www.adviserinfo.sec.gov. SCHEDULE A CALL: https://basewealthmanagement.com/who-...