About one-quarter of U.S. adults age 50 and older who are not yet retired say they expect to never retire and 70% are concerned about prices rising faster than their income, an AARP survey finds.
About 1 in 4 have no retirement savings, according to research released Wednesday by the organization that shows how a graying America is worrying more and more about how to make ends meet even as economists and policymakers say the U.S. economy has all but achieved a soft landing after two years of record inflation.
Everyday expenses and housing costs, including rent and mortgage payments, are the biggest reasons why people are unable to save for retirement.
My high school had a mandatory senior class that taught things like budgeting, investing, filing (very simple) taxes, and balancing a check book. It also required you to do some form of community service. The investing portion was bad as it was basically stock picking with fun money.
It’s hard to say how much the class impacted me as I don’t have a control, and I then proceeded through four years of college not really exercising those skills. I suspect it’s not a silver bullet, but still a positive inclusion in the curriculum.
These days I’m sure we would see students saying they went SPY 0DTE YOLO because of WSB’s popularity