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There's 1 big reason millions of retirees secretly struggle in America — it’s not because they don’t have enough money
Yahoo Finance· 2025-11-18 10:05
Photo: Pressmaster/Envato Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. What is the major fear preventing retirees from enjoying retirement? Depleting their savings. The average American between the ages of 65 and 74 had about $609,000 in retirement savings, according to the most recent survey by the Federal Reserve. Moreover, a solid 79% of retirees between the ages of 65 and 80 say they have enough money to live comfortably in retirement, according ...
AI for Personal Finance
Y Combinator· 2025-05-20 15:54
Most humans are not rational about their finances. Questions like how much should I save for the future. Where should I invest my money to take the right risk for me.And how should I think about debt and taxes. How you answer these questions today will impact your freedom to do the things you want in the future. Until today, the way to answer these questions have been asking friends, Googling, sometimes hiring a financial adviser, or maybe even asking your bank.These options aren't great. They're filled wit ...