Latin Americans face a big Retirement Savings Gap
Retirement is a key priority for Latin American Investors, with 67% having started saving. Yet, looking at pre-retirees (55-64) who should be putting the finishing touches on their retirement savings, there is a disconnect with savings falling short of their expectations.
Pre-retirees still have time to close the gap by doing things like:
- Setting (and committing to) additional annual savings targets
- Factoring in other sources of income in retirement like public and private pension plans
- Working with a financial professional to invest purposefully
- Potentially delaying retirement