The Impact of Spending Spikes on Retirement Readiness
Report reveals that higher credit card debt is associated with lower 401(k) contributions and account balances.
Tag: Credit Card Debt
Increased Credit Card Debt Poses Threat to Emergency and Retirement Savings
Nearly half of the respondents to a LendingTree survey said they are living paycheck-to-paycheck.
Knot of Financial Challenges Derails Saving for Retirement
Goldman Sachs Asset Management finds a ‘financial vortex’ of challenges in competing financial priorities is preventing participants from saving sufficiently...
SURVEY SAYS: Did Stimulus Payments ‘Stimulate’ the Economy?
NewsDash readers shared whether they saved or spent any stimulus payments they received.
Majority Think Financial Security Is Unattainable
Paying down debt is a higher priority for survey respondents than saving.
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To Prioritize Retirement Saving May Not Be Best for All Workers
Many may need to set up an emergency fund or pay off debt first.