Nearly half of Americans say rising cost of living is the greatest threat to financial security
And why is this happening? Look no farther than the Federal Reserve.
(From CNBC)
A strong stock market and low unemployment rate have not dispelled Americans’ fears that the rising costs of everyday expenses threaten their long-term financial health.
Almost half (47%) of Americans believe that cost of living is the biggest threat to their financial security and long-term investments, according to TD Ameritrade’s financial disruptions survey, which polled over 1,000 U.S. adults with at least $10,000 in investable assets.
Reprinted from: https://www.ac2news.com/2020/02/nearly-half-of-americans-say-rising-cost-of-living-is-the-greatest-threat-to-financial-security/