Independent thinking for complex markets and current events
American workers facing financial hardships are increasingly tapping into their retirement accounts, with hardship withdrawals surging by 30% last year. As a result, one in six workers now has an outstanding loan on their retirement, significantly impacting average 401k balances and raising questions about the sustainability of consumer borrowing, especially as “Buy Now Pay Later” …
The surge in retirement concerns is a glaring red flag that cannot be ignored. With the shadow of a possible recession looming, the stakes are higher than ever. In the face of persisting inflation and wavering consumer confidence, the Fed’s responsibility to secure a soft landing in 2024 becomes a dire necessity. After years of …
Numerous statements by Chutkan suggesting Trump should be charged for January 6. Expressing disappointment that Trump was not yet charged – Criticizing a J6 Defendant's "blind loyalty to one person who, by the way, remains free to this day." pic.twitter.com/O9WVD3WdBP — Techno Fog (@Techno_Fog) September 11, 2023 Most notably, Chutkan admitted she pre-judged Trump's …
From Peter Reagan at Birch Gold Group We’ve spent some time discussing the “magic number,” the amount of savings required for a comfortable retirement. Inflation moves the goalpost – and if your retirement planning doesn’t take rising costs into account, you may be in for a shock. According to the annual Charles Schwab survey of Americans with a …
https://www.youtube.com/watch?v=POUseK_QYvw The retirement crisis can push half of all Americans to the brink of financial ruin, according to a new survey. In today’s video, we will present this and some of the most important statistics and insights that everyone should know about the state of retirement in the United States. Today, millions of individuals in …
Think your standard of living is not the same as it used to be? You’re right about that. Americans have lost over a third of their purchasing power in the past decade, and the biggest share of that loss happened in the past three years. For millions of retirees, and workers reaching retirement age in …
Prominent corners of St. Paul are owned by an out-of-state pension fund. Some are bustling. Some are empty. When management consultant Sherry Johnson co-chaired a neighborhood task force looking at all the vacant properties on St. Paul’s popular Grand Avenue business corridor, she was taken aback to discover how many spaces were owned by the …
