09/08/2026
For many Americans, the biggest obstacle to retirement savings is not the market—it’s the debt they are already carrying.
Nearly three-quarters say debt is a problem, while 77% say it prevents them from saving for retirement. At the same time, rising everyday expenses, healthcare costs, and long-term care concerns are making it increasingly difficult to prepare.
Another challenge is turning savings into sustainable income. Only 9% of Americans correctly identified that $100,000 may provide approximately $4,000 of income in the first year under common withdrawal guidelines.
Having money saved is important. Understanding how that money may support your lifestyle, expenses, and goals throughout retirement is the next step.
If you have $500,000, $1 million or more saved for retirement, a complimentary EnJoy Retirement Review can help you see how debt, income, healthcare costs, and your savings fit into one coordinated written roadmap.
Source: Investopedia, “Americans Say Debt—Not the Market—Is What’s Keeping Them From Retirement Savings,” reporting on research from the National Institute on Retirement Security and U.S. Census Bureau data: https://www.investopedia.com/debt-not-the-market-is-blocking-them-from-better-retirement-savings-12070227
This content is provided for informational and educational purposes only and should not be considered individualized investment, tax, legal, or financial advice. Examples are hypothetical, and actual results will vary. A financial strategy cannot guarantee income, investment performance, or future results.
