Money Life With Chuck Jaffe Daily Podcast

Americans expect to work two years longer because they don't 'have it made'

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Synopsis

Aditi Javeri Gokhale, chief strategy officer at Northwestern Mutual, says that the average American expects to retire two years later than they did just a year ago, one of several key findings in the latest data release from the firm's 2023 Planning & Progress Study out today. She notes that Americans expect to need $1.27 million to retire, and that most have less than 10 percent of that amount saved. Tom Lydon, vice chairman at VettaFi, makes a brand new fund from PIMCO, that launches today, his ETF of the Week. Plus Alyssa Stankiewicz, research analyst at Morningstar discusses anti-ESG investing and Sam Burns, chief strategist at Mill Street Research, brings his quantitative approach to stocks in the Market Call.