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
