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Target Date/Lifecycle Funds were the most popular 401(k) investment choice in 2020. Here’s a breakdown of where participants put their money.
The typical family uses a combination of current income, savings, borrowing, and grants/scholarships to pay for college.
The U.S. unemployment rate skyrocketed to 14.7% in April 2020 when the economy shut down in response to the pandemic.
In 2021, U.S. gross domestic product grew at the highest rate since 1984.
Addressing the Social Security funding shortfall will require difficult choices.
Before quitting a job, be sure to consider the potential long- and short-term financial consequences.
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