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Economy

“62% of Americans are still living paycheck to paycheck, making it ‘the main financial lifestyle,’ report finds”

“…As of September, 62% of adults said they are living paycheck to paycheck, according to a new LendingClub report. The figure is unchanged from last year. “Living paycheck to paycheck remains the main financial lifestyle among U.S. consumers,” the report said…” https://www.cnbc.com/2023/10/31/62percent-of-americans-still-live-paycheck-to-paycheck-amid-inflation.html… Continue Reading…

Economy, Personal Finance

“50% of Americans Can’t Afford Their Lifestyle in Retirement: How to Avoid That Fate”

“…The CRR’s findings are stark. Fully half of the nation’s working-age households will not have enough money to maintain their standard of living once in retirement. Making matters worse, this study assumes a strong working and saving life in which… Continue Reading…