The Federal Reserve said that the odds that the United States will enter a recession in 2024 has dropped significantly, though many are still expecting slower than expected growth over the next two years.
A modest unexpected expense could overturn the finances of nearly half of all Mainers, and one in five Maine residents cannot pay all their bills on time. Those are findings from a MECEP analysis of the most recent Federal Reserve Survey of Household Economics and Decisions, or SHED, which shows just how easy it is […]
Higher-income households are more likely to overestimate their retirement readiness, according to a new analysis from the Center for Retirement Research at Boston College.
Higher-income households are more likely to overestimate their retirement readiness, according to a new analysis from the Center for Retirement Research at Boston College. The findings underscore the importance of proper retirement planning, even for the wealthy. While 28% of … Continue reading → The post Attention High Earners: You're Not Taking Retirement Seriously Enough appeared first on SmartAsset Blog.
One in 5 U.S. families hold student loan debt in the U.S., according to recent data from the Federal Reserve Survey of Consumer Finances and those families are hoping that long term debt will go away very soon.