Handbags as Retirement Investment: A Sign of Financial Stress

Americans Retirement Uncertainty: A Shift in Perspective - A recent TIAA survey reveals that many Americans are considering unconventional investments, like luxury handbags, for retirement due to a lack of confidence in traditional savings. Nearly two-thirds believe retiring on time is unrealistic, and a third are uncertain about covering basic expenses. A Goldman Sachs study adds to this, showing that forty percent of working Americans live paycheck to paycheck, with daily living costs hindering retirement savings. Financial advisors stress the importance of diversified, long-term savings strategies over speculative investments.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.