Born between 1981 and 1996, millennials are 28 to 43 years old. The oldest will be eligible for Social Security in less than 20 years. The youngest is less than 40 years away from full retirement age.
Reaching the upper class after being poor means you move on from stretching every dollar to enjoying more financial freedom. "Our behavior tends to change quite a bit as our income shifts from.
Say you've settled onto a path of financial security and are enjoying all the perks that come along with it, like a comfortable home and some savings set aside. But new inflation costs have upended.
On Wednesday, Nov. 6 or shortly thereafter millions of Americans will wake up to learn that their country elected a leader who will steer the country's economy in a radically different direction.
With a looming Social Security shortfall less than 10 years away, policymakers are floating the idea of cutting benefits to plug the gap. That has some Americans looking abroad for ways to stretch.