# People Can't Afford to Retire... Millions Are Doing It Anyway | How Money Works Page: https://stenobird.com/podcast/how-money-works-7289568/people-can-t-afford-to-retire-millions-are-doing-it-anyway-how-money-works Text version: https://stenobird.com/podcast/how-money-works-7289568/people-can-t-afford-to-retire-millions-are-doing-it-anyway-how-money-works.md Podcast: [How Money Works](https://stenobird.com/podcast/how-money-works-7289568) Published: 2026-07-01T08:09:00+00:00 Episode link: https://traffic.megaphone.fm/PODAGEN3883410104.mp3?updated=1778656033 Audio file: https://traffic.megaphone.fm/PODAGEN3883410104.mp3?updated=1778656033 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/how-money-works-7289568/episodes/people-can-t-afford-to-retire-millions-are-doing-it-anyway-how-money-works Duration seconds: 945 ## Resource People Can't Afford to Retire... Millions Are Doing It Anyway Get 50% off your first order of CookUnity meals - go to https://cookunity.com/money50 and use my code MONEY50 at checkout to try them out for yourself! Thanks to CookUnity for sponsoring this video! Sign up for our FREE newsletter! - https://www.compoundeddaily.com/ Books we recommend - https://howmoneyworkslibrary.com/ My Other Channel: @HowHistoryWorks Uncut Channels: @HowMoneyWorksUncut @HowHistoryWorksUncut Edited By: Svibe Multimedia Studio Music Courtesy of: Epidemic Sound Select Footage Courtesy of: Getty Images šŸ“© Business Inquiries āž”ļø sponsors@worksmedia.group Sign up for our newsletter https://compoundeddaily.com šŸ‘ˆ All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind. #career #retirement #finance I don’t know if you’ve noticed this, but, everybody is getting old… This year a record number of people will be turning 65, and next year that record will be broken again. We have been warned about aging populations for decades… and now… it’s actually happening… Unfortunately, the savings retirement gap for millions of households is wider than it ever has been, and people’s assets have been eaten up by inflation, bad investments, and good old fashioned financial illiteracy… Over 20% of people on the cusp of retirement have no savings AT ALL… but that isn’t stopping them… Millions of people across the world can’t afford to retire, and they’re doing it anyway… so what does this mean for everybody else? If people lose their jobs over the age of 50 they are almost forced into retirement whether they can afford it or not… So it’s time to learn How Money… ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/how-money-works-7289568/episodes/people-can-t-afford-to-retire-millions-are-doing-it-anyway-how-money-works/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/how-money-works-7289568/people-can-t-afford-to-retire-millions-are-doing-it-anyway-how-money-works.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.