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The Ken Coleman Show

Signs That The Middle Class Will Never Retire

The Ken Coleman Show

Ramsey Network

Careers, Business, Self-improvement, Education

4.62.3K Ratings

🗓️ 6 October 2022

⏱️ 30 minutes

🧾️ Download transcript

Summary

The Ken Coleman Show is here to help answer your questions about career, passion and talent so you can maximize your potential and get closer to landing your dream job. Do you have a question for Ken? Call the show at 844-747-2577 or email [email protected]. Free retirement tool from Ramsey Solutions: Retire Inspired Quotient Support Our Sponsor: Netsuite.com/Ken Helpful Resources: Free Guides & Resources The Proximity Principle Facebook Community Subscribe to The Newsletter Articles by Ken Learn more about your ad choices. https://megaphone.fm/adchoices Ramsey Solutions Privacy Policy

Transcript

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0:00.0

Coming up signs that the middle class may never be able to retire and then why $73,000

0:12.0

seems to be the magic minimum hiring salary and then an unbelievable salary story and I

0:17.9

coach you up.

0:18.9

Let's go.

0:24.1

Helping you win at work and in life.

0:28.0

This is the Kid and Coleman show.

0:29.6

I can welcome a board more income more impact is our aim for you and I'm your coach counselor

0:36.9

and cheerleader to get you there.

0:39.0

Okay.

0:41.3

Will the middle class ever be able to retire?

0:44.4

Some will some won't.

0:46.8

And rave solutions we have real tools, real strategies to help with this, but let's just

0:50.9

take a look at the numbers where we are.

0:55.0

The income range that is considered middle class has changed over the last few years.

1:01.3

Right now it is about 30 to $90,000 of income for a single American and then between 52

1:10.6

to 156,000 for a three person family.

1:14.0

So that is technically what is considered middle class.

1:19.2

To give you an idea if you look back 12 years ago, 2010, the median income for a middle

1:26.5

class family was just under 80,000.

1:29.5

That's a three person family.

1:31.4

Okay.

1:32.4

Now on top of that, let's, let's look at 40% of workers say that employers do not provide

...

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