Xavier Lorenzo | Moment | Getty Images Gen Z seems to have a case of economic malaise. Nearly half (49%) of its adult members — the oldest of whom are in their late 20s — say planning for the future feels “pointless,” according to a recent Credit Karma poll. A freewheeling attitude toward summer spending … Read more
D3sign | Moment | Getty Images Women who invest began at an average age of 31, but most wish they had started putting money in the market earlier, a recent survey said. Nearly all — 90% — of the women investors surveyed said they’re “on the right track” to achieve their financial goals, according to … Read more
Milan Markovic | E+ | Getty Images The average 401(k) savings rate has maintained a record high, as some retirement plans make it easier for workers to enroll and contribute. In 2024, the average combined savings rate for employee deferrals and company deposits was an estimated 12%, according to Vanguard’s newly released yearly analysis of … Read more
Republican presidential nominee former President Donald Trump speaks at a campaign rally in Asheville, N.C., Wednesday, Aug. 14, 2024. Matt Rourke | AP The Social Security Administration sent what experts say is a misleading email to consumers last week, describing President Donald Trump’s “one big beautiful bill” as “long-awaited tax relief to millions of older … Read more
