Planning for retirement can be challenging. It's hard to know exactly how much you'll need to set aside and, perhaps more importantly, to save enough in the first place. We have a few factors working.
While it might feel like you'll be stuck paying the same bills for the rest of your life, that's not necessarily the case. Certain expenses become much less common as you get older, while others are.
You've likely seen your grocery bill go up significantly in the last few years as inflation continues to impact the prices of everyday goods. While the Fed has raised rates in an attempt to cool down.
There is certainly no shortage of banks in the U.S. and variety is growing, with more digital/online-only banks and neobanks popping up. Banks strive to provide competitive edges and are always.