I am 46, single, no kids. I am a health care professional. I feel that I'm generally a very good saver and a not so good budgeter - hence the credit card debt payoff I worked through in 2020.Money Diaries
April 5th, 2019 at 10:07 pmI love readings money diaries from Refinery 29. Check them out at:
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Archive for April, 2019
Retirement Savings Article
April 3rd, 2019 at 04:23 pmThe GAO has released a report on the rate of retirement savings at the request of Bernie Sanders. It's still shocking to me no matter how many times I read pretty much the same thing.
https://www.gao.gov/assets/700/697898.pdf
The numbers don't quite match up, I calculated 101% with the percentage breakdown. Savings rates have slightly improved, but still, what is to be done? More personal finance education for children? Is it a lack of education or a lack of income? Probably both. When you consider that this survey is for Americans 55 and older, the picture gets even scarier.