2min chapter

The Dentist Money Show | Financial Planning & Wealth Management cover image

#407: Two Cents 8. Headlines From the Week of June 26, 2023

The Dentist Money Show | Financial Planning & Wealth Management

CHAPTER

The Average Client Savings Rate

Average client income was 423, 424 basically and the average savings rate was 15.2 last year. This is over a quarter of these clients now are early early early early. Like the associate stage people. So curious Ryan just for for just for fun put in so 423 their average client income 7.4 percent of that in savings for 30 years. That's $31,000 a year for30 years. But let's say what a 7% 8% I usually do 7 do 7 this big conservative. It's $3 million. We're at double than what this is showing,. Which is just really encouraging.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode