4.8 • 3.6K Ratings
🗓️ 9 April 2025
⏱️ 11 minutes
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0:00.0 | I recently saw a list of 10 things the middle class won't be able to afford within a decade. |
0:11.3 | And I'll be honest, some aren't a cause for major concern quite yet, but others could be a real |
0:17.5 | challenge if this actually happens. |
0:19.3 | So we're going to talk to this list. |
0:20.6 | I'm going to give you my opinion on what I think, but we're also going to talk about how you can |
0:25.2 | change your financial situation for the better. So make sure to like and subscribe and share |
0:29.9 | this episode with the friends. All right, let's get started. So one thing to keep in mind is you |
0:34.6 | can be making six figures and feel like you still are living paycheck to paycheck, |
0:39.4 | and you can earn a modest salary your whole life and still retire comfortably. So I want you to know, |
0:46.1 | regardless of where you are, so much of your mindset and your money habits is going to be a |
0:50.8 | huge part of you winning. But anyone could win or lose with money at any income level, okay? |
0:57.3 | So just always know your income's going to be growing over time, but also what you do with |
1:01.8 | your money is really, really important. |
1:03.6 | So here's again the list of what someone was saying and claiming that the middle class |
1:08.7 | will not be able to afford within the next decade. |
1:11.7 | Number one is to retire comfortably. |
1:14.9 | So the article states numbers from different states around the country. |
1:19.6 | So for example, you're going to need over $53,000 a year to retire in Florida based on the cost of living, |
1:25.9 | which adds up to $736,000 to cover retirement |
1:29.9 | for 20 years or $1.1 million to cover retirement for 30 years. So listen, I mean, math is math. |
1:36.9 | And so if you look in to say, okay, here's how much I need to live off of. And you have to be |
1:42.2 | able to say, yeah, with, you know, inflation happening over the course |
... |
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