This is provocative.
I don’t mean Jacinta’s story is provocative. Her emphasis is.
“There is nothing wrong with the Average Retiree… as long as the average is high enough.”
I am unconvinced. To be clear, I am not sold on the idea of average.
Average is where financial games are played. And we can get burned if we are not careful. Let me explain.
Imagine a country with 2 citizens. You were told that the average salary in that country is $10,000. At first glance, you would be impressed.