ilmscore | The Retirement Crisis Has Already Begun – And Nobody’s Ready

The Retirement Crisis Has Already Begun – And Nobody’s Ready

Published: 2025-10-18
Status: Available | Analyzed

Predictions from this Video

Total: 7
Correct: 3
Incorrect: 1
Pending: 3
Unrated: 0
Prediction
Topic
Status
Social Security is predicted to be depleted by 2034 if no changes are made.
"Social security is going to be dry by 2034 if nothing changes."
Social Security
Pending
Social Security recipients will receive a 2.5% cost-of-living adjustment between 2024 and 2025.
"Between 2024 to 2025, Social Security recipients are going to receive a 2.5% raise for inflation."
Social Security COLA
Incorrect
The S&P 500 grew by nearly 100% between 2019 and 2024.
"During those five years, the S&P 500, the stock market has grown by almost 100%."
Stock Market Growth
Correct
Between 1971 and 2021, median household income grew by approximately 600%, while the S&P 500 grew by approximately 4,000%.
"Over those five decades, household income increased by around 600%. The S&P 500, the largest 500 companies in the stock market, grew by around 4,000%."
Stock Market Growth (Longer Term)
Pending
Historically, the stock market has averaged a 10% annual return.
"the stock market has gone up by an average of 10% a year historically."
Stock Market Returns
Correct
Investing $100 per month from age 21 to 65/66 with a 10% annual return is projected to result in retiring as a millionaire.
"if you invest $100 a month from the age of 21 until your retirement 65 66 and you can get that same 10% return, you're going to retire a millionaire"
Retiring as a Millionaire
Pending
A recommended reading plan over 12 months includes five books each on money management/investing, personal development, starting a business, leadership, and business scaling/marketing/growth.
"over the next 12 months you read five books on money management and investing. ... Read five books on personal development and self-development. Read five books on how to start a business. Read five books on leadership. And then read five books on how to scale, market, and build grow your business."
Financial Education
Pending
Generational wealth encompasses not only the financial assets but also the control over how those assets impact future generations, which can be established while alive.
"generational wealth isn't just the money. It's what your money does after you die and you can control that when you're alive."
Generational Wealth
Correct