In 2025, the United States hit a historic milestone: approximately 11,400 Americans are turning 65 every day, totaling over 4.2 million individuals this year alone. This phenomenon—called Peak 65—marks the largest retirement surge in U.S. history and brings both opportunities and complexities for those preparing for this next phase of life.

Understanding the 'Peak 65' Landscape

More than just a demographic headline, Peak 65 signals a shift in how retirement is being approached. As traditional pensions decline, individuals are increasingly relying on personal savings, Social Security, and strategic investment products.

Key statistics that reflect this shift include:

• Annuity Sales Are Rising: Annual annuity sales are expected to grow from under $300 billion in 2022 to more than $520 billion in 2025—a sign of increasing interest in guaranteed income solutions.
• Rising Retirement Debt: Older Americans are entering retirement with more debt than ever, now holding nearly a quarter of all U.S. household debt—double the share from two decades ago.
• Gaps in Income Replacement: Social Security typically covers only about 40% of pre-retirement income, leaving many retirees seeking other ways to maintain their lifestyle.

Fiat Wealth Management's Approach to Retirement Planning

At Fiat Wealth Management, we understand that no two retirements look the same. Our approach is built around helping clients make confident, informed decisions as they prepare for the years ahead:

• Tailored Income Strategies: We develop personalized plans that account for all income streams—Social Security, pensions, investments, and more.
• Debt Management Support: Reducing financial burdens can free up cash flow and create peace of mind. We help clients assess and manage existing debt.
• Investment Diversification: Our team designs portfolios that balance risk and return while adapting to changing market conditions and client goals.
• Healthcare Planning: From long-term care insurance to HSA strategies, we help clients prepare for rising healthcare costs in retirement.

Embracing the Longevity Economy

Today’s retirees are not only living longer—they're also fueling growth in industries like healthcare, technology, and travel. This shift is creating new investment opportunities that we help our clients evaluate and integrate into their broader strategies.

Take the Next Step with Fiat

Successfully navigating retirement in the Peak 65 era requires more than savings—it takes strategy. Fiat Wealth Management is here to guide you with a comprehensive, personalized approach designed to align your financial plan with your vision for retirement.

Ready to take the next step? Schedule a consultation with our team today and start building the retirement you deserve.

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hello@fiatwm.com | 952.426.9116

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Sources:

• WSJ: U.S. Hits Record Number of 65-Year-Olds
• 401k Specialist Magazine
• Bankers Life
• Protected Income
• NPR
• MarketWatch

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