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Why are Americans more worried about running out of money in retirement?

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1 year ago

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A recent survey conducted by Bankrate found that it’s harder now than it was just a few years ago for Americans to stash funds away for their golden years.

 
According to a new report from investment firm Vanguard, American’s retirement savings took a hit last year signaling a troubling sign for workers.

In 2022, the average 401(k) account balance for Vanguard participants was down 20% when compared to 2021.

Geopolitics, the Russia-Ukraine war, rising tensions with China and record-high inflation continue to wreak havoc for Wall Street and Mainstreet.

So why are Americans struggling to save for retirement?

Nicole Middendorf, the CEO of Prosperwell Financial joins us to discuss. #retirement #saving #finance #financialplanning #401k #wallstreet

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Warner Brothers & Discovery considers splitting up to boost stock value

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1 week ago

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July 19, 2024

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Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

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Investors worldwide grow increasingly optimistic about Trump winning the election

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1 week ago

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July 18, 2024

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Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

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Netflix expands use of ads despite slow subscriber growth

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1 week ago

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July 18, 2024

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Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

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