As we adapt to the new year, more Americans are identifying their top personal finance and retirement-related mistakes of 2023.
Clever, a real estate data company, compiled 99 personal finance statistics based on multiple consumer surveys.
By the numbers:
- The average retiree has $170,726 in savings — down from $191,659 in 2022.
- 22% of Gen Xers have nothing saved for retirement, and 43% regret not having saved more money.
- 71% of retirees have non-mortgage debt, with an average balance of $19,888. Nearly one in five retirees (18%) have medical debt, with an average balance of $10,259.
- 30% of retirees rely on Social Security as their sole source of income.
