Today’s Financial Message Just for you, {{ first name | friend}}
patience is a vital skill, especially when it comes to managing your finances. It encourages you to develop healthier financial habits and exercise caution with your spending... Continue Reading
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3 Pop Culture Icons Who Taught Us Surprising Financial Lessons
TV shows and movies provide an immense amount of entertainment – but can they also teach us financial lessons?
Why not? Aside from giving us a reason to chill on our couches for a few hours, film and TV characters can also offer rich storylines that cover various financial topics.
Watching characters they come to know in (mostly) every day situations can allow viewers to understand complex financial concepts and lessons in a much more relatable way.
Here are three pop culture icons that serve as unexpected financial literacy teachers.
No Retirement Savings? Get Back on Track With These 5 Solid Tips
What do you do if you have no retirement savings?
Most studies on retirement planning come to similar conclusions.
One oft-quoted Fidelity study determined that to retire by 67, you should have your annual income x 10 saved. That’s an easy benchmark to look at; if you earn $60,000, you need to have $600,000 saved.
Of course, there are far more experts who recommend you save more than twice that amount.
When it comes to what individuals say, 58% of retirement savers (including retirees) stated that outliving their retirement savings was their greatest retirement fear.
So, what do you do when you’re already sure you’ll have problems meeting even that 10x your income threshold?
What if you’re also already approaching age 50?
Today’s Affirmation
I am a magnet for prosperity, attracting it wherever I go. I am deeply grateful for all the blessings I currently have. I believe in living in a world rich with... Continue Reading