Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
For a growing number of Americans, retirement accounts are doing double duty as savings accounts for the future and emergency funds for the here and now. @johnyangtv speaks @robenfarzad to learn more. https://t.co/kXl6kwSuLP
"People's 'magic number' to retire comfortably has exploded to an all-time high, and the gap between their goals and progress has never been wider. Inflation is expanding our expectations for retirement savings, and putting the pressure on to plan and stay disciplined."…
The stifling impact high inflation has on retirement savers https://t.co/7tanhF8RjB by @KerryHannon
Hardship withdrawals from 401(K) accounts increased by 2.8% last year due to Biden's fiscal planning, pushing Americans to tap into retirement funds. Retirement costs and anxiety are rising, affecting various income groups. High inflation is impacting retirement savers, requiring more savings discipline.