More than two-thirds of working Americans think that they won't have enough money to retire comfortably, according to a new study by wealth management firm Schroders (1). And more than half of retirees aren't sure how long their savings will last (2).
These worries come at a time when wages are lagging while inflation races ahead, making everyday necessities like gas and groceries more expensive (3). This makes it harder for working Americans to save up for retirement — and puts retirees living on a fixed income in a tricky spot.
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These worries come at a time when wages are lagging while inflation races ahead, making everyday necessities like gas and groceries more expensive (3). This makes it harder for working Americans to save up for retirement — and puts retirees living on a fixed income in a tricky spot.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake — here's what it is and 3 simple steps to fix it ASAP
Millionaires under 43 hold only 25% of their wealth in stocks. Here's where their money is actually going
#money #like
13 days ago
