Americans struggle to balance current finances, retirement planning

Chris Littlefield News

Americans struggle to balance current finances, retirement planning
AmericansAmerican Consumers
  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 67 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 37%
  • Publisher: 63%

New data from Principal reveals that less than 50% of Americans believe they can manage their current finances while also planning for the future...

New data from Principal reveals that less than 50% of Americans believe they can manage their current finances while also planning for the future. Principal's President of Retirement & Income Solutions Chris Littlefield discusses why this perception may not reflect reality for most people.

I think people talk about the 3% headline inflation rate, but I don't think that really captures the impact that inflation has had combined with the depletion of pandemic area savings.And so when you talk to people in less than half, say, I don't feel I can do both and manage my financial situation as well as say, for for retirement savings.But what we see in our survey data is that a number of working Americans are actually making a big effort to save.

That principle conducted, we found that women lag men nearly across nearly every measure of financial inclusion.Can you manage both your immediate financial as well as your retirement long term savings? 41% of millennials think they're gonna have financial freedom to live and do as they wish in retirement.

Latin American e-commerce giant MercadoLibre's fintech arm, Mercado Pago, has submitted its request for a banking license to the Mexican regulator, the unit said on Wednesday. The application to the National Banking and Securities Commission was sent earlier this month, Mercado Pago said in a statement. In May, Mercado Pago said it aimed to become the largest digital bank in the country with the license.

Sarcopenia Market Anticipates Impressive Growth Trajectory Across 7MM During the Study Period | DelveInsight

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

YahooFinanceCA /  🏆 47. in CA

Americans American Consumers

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Morning Bid: Jittery markets now 50-50 on 50 bps cut from FedMorning Bid: Jittery markets now 50-50 on 50 bps cut from FedFigures on Wednesday showed that U.S. job openings slumped to a 3-1/2-year low in July, the latest sign that the labor market is losing steam, and another...
Read more »

Sault man wins huge prize in northern hospital's 50/50 drawSault man wins huge prize in northern hospital's 50/50 drawKristopher Valley is $372,870 richer after holding the winning ticket for the August draw of the Health Sciences North 50/50 Cash Lottery for the North
Read more »

50/50 winner's vacation about to go from great to epic50/50 winner's vacation about to go from great to epic'This is the best news we’ve ever had!' says the Sault's Gus Muto, who just pocketed $56K in the latest Sault Area Hospital Foundation monthly jackpot
Read more »

Ohtani homers, moves closer to 50/50 in Dodgers' win over CubsOhtani homers, moves closer to 50/50 in Dodgers' win over CubsShohei Ohtani hit his 47th home run and stole his 48th base while three other Dodgers went deep in the first inning for the NL West leaders, whose magic number to clinch the division dropped to 11 after San Diego lost at Seattle.
Read more »

Ohtani hits 48th homer to edge closer to 50/50Ohtani hits 48th homer to edge closer to 50/50Shohei Ohtani hit his 48th home run to match his stolen base total and move closer to a magic 50/50 season, and his NL West-leading Los Angeles Dodgers fell 11-9 to the Miami Marlins on Tuesday night.
Read more »

Ohtani steals 49th base, closes in on 50/50 as Dodgers beat MarlinsOhtani steals 49th base, closes in on 50/50 as Dodgers beat MarlinsShohei Ohtani stole his 49th base and moved closer to becoming the first player in major league history with 50 homers and 50 steals in a season as the Los Angeles Dodgers beat the Miami Marlins 8-4 Wednesday night.
Read more »



Render Time: 2025-02-16 12:13:54