Most retirement advice is written for people who make six figures or more. But what about the middle-class families earning $50,000 to $100,000 who make up the backbone of America? They need a different approach — one that works with real-world constraints and modest incomes. Read More: How Much the Average Middle-Class Retiree Spends Monthly at Age 65 Find Out: How Far $750K Plus Social Security Goes in Retirement in Every US Region The traditional retirement advice may not fit when you’re juggling a mor ...

Combining $31,200 in annual Social Security benefits with $32,000 in investment income gives you a pre-tax income of $63,200. If you’re single and live in a location with average living expenses, this may be enough to fund a comfortable retirement. According to the Census Bureau , the median real inflation-adjusted income for a householder age 65 or older in 2022 was $50,290, about $12,910 less than what you would have in our hypothetical scenario. However, a financial advisor can help you design a retireme ...