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New Survey Shows 67% of 55-Year-Olds Fear Running Out of Savings and Facing Financial Difficulties

July 15, 2024
Survey Reveals 67% of 55-Year-Olds Are Severely Underprepared And Terrified They Will Outlive Their Savings And Face Financial Hardship

When it comes to retirement planning, many individuals find themselves facing financial challenges and concerns about outliving their savings. A recent study by Prudential reveals that a significant number of 55-year-olds are severely underprepared for … Read more

Categories Finance Tags 55YearOlds, Difficulties, facing, Fear, financial, Running, savings, shows, Survey

Meeting a Boomer without Retirement Savings and No Regrets

July 10, 2024
Meet a boomer with no retirement savings — and no regrets

Retirement Savings Crisis: The Reality for Many Older Americans As the cost of living continues to rise and the gap between the wealthy and the working class widens, more and more older Americans are facing … Read more

Categories Finance Tags Boomer, Meeting, Regrets, retirement, savings

Maximize Savings and Explore Investment Opportunities

June 25, 2024
Jim Cramer is generally positive on major banks post-earnings

Welcome to Extreme Investor Network, where we provide expert advice and unique insights on all things money. Today, we’re diving into an important topic that CNBC’s Jim Cramer highlighted: the importance of saving money no … Read more

Categories Mad Money Tags Explore, investment, Maximize, opportunities, savings

The continuing impact of inflation on retirement savings

June 24, 2024
Why inflation is still upending retirement plans

Welcome to Extreme Investor Network – Your Source for Personal Finance Insights Ascentxmedia | Istock | Getty Images At Extreme Investor Network, we understand the importance of financial security and retirement readiness. Recent surveys have … Read more

Categories Personal Finance Tags Continuing, Impact, inflation, retirement, savings

What is the average 401(k) savings rate and how much should you aim to save?

June 24, 2024
Here's the average 401(k) savings rate and where your target should be

Are you on track with your retirement savings? The average 401(k) savings rate has reached record levels, signaling that more people are taking their financial futures into their own hands. According to a recent Vanguard … Read more

Categories Personal Finance Tags 401k, Aim, Average, Rate, Save, savings

Beware of the Dangers of the Latest Savings Challenge

June 22, 2024
The pitfalls of this viral savings challenge

At Extreme Investor Network, we understand the importance of managing personal finances and building wealth. That’s why we have some unique insights to share on the latest trend taking over TikTok – the “no-spend month.” … Read more

Categories Personal Finance Tags Beware, challenge, dangers, Latest, savings

How to Pay Off $68,000 in Credit-Card Debt and Build Savings on a $55,000 Salary

June 15, 2024
I have $68,000 in credit-card debt and $50,000 in a 401(k). How can I dig myself out of this trap on a $55,000 salary?

When it comes to managing your personal finances, it’s important to have a clear plan and strategy in place. One common issue that many people face is dealing with credit card debt, which can quickly … Read more

Categories Finance Tags build, CreditCard, debt, pay, salary, savings

Is it more beneficial to open a savings account or a CD before the Fed’s next meeting?

June 14, 2024
Should you open a savings account or CD before the Fed's next meeting?

As someone looking to open a new savings account or certificate of deposit (CD), you may be wondering how the decisions made by the Federal Reserve (the Fed) can impact your interest earnings. Understanding this … Read more

Categories Finance Tags Account, beneficial, Feds, Meeting, open, savings

Is it a Great Wealth Transfer or Retirement Savings Crisis?

June 10, 2024
Great wealth transfer or retirement savings crisis? It can be both

Welcome to Extreme Investor Network, where we provide expert insights and unique information on personal finance to help you make the most of your financial future. Today, we’ll be discussing the current state of the … Read more

Categories Personal Finance Tags crisis, Great, retirement, savings, Transfer, Wealth

Trustee Reports $85 Million in Missing Customer Savings

June 7, 2024
Trustee says $85 million of customer savings is missing

Introducing the Latest in Business News: The Synapse Bankruptcy Scandal In the fast-paced world of fintech, a recent scandal has rocked the industry. Partner banks of fintech middleman Synapse are facing an $85 million shortfall, … Read more

Categories Business News Tags Customer, Million, Missing, Reports, savings, Trustee
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