Average Retirement Savings By Age: Are You Normal?

Photo by Towfiqu barbhuiya on Unsplash Many Americans worry they’re not saving enough for retirement, and rightfully so. A recent Northwestern Mutual study found that 71% of U.S. adults admit their financial planning needs improvement. However, only 29% of Americans work with a financial advisor. The value of working with a financial advisor varies by person and advisors are legally prohibited from promising returns. Still, research suggests people who work with a financial advisor feel more at

Evergrande Shares Plunge as Deal Talks End, Sales Sink 97%

(Bloomberg) -- China Evergrande Group scrapped talks to offload a stake in its property-management arm and said real estate sales plunged about 97% during peak home-buying season, worsening its liquidity crisis on the eve of a dollar-bond deadline that could tip the company into default.Most Read from BloombergGoogle’s Biggest Moonshot Is Its Search for a Carbon-Free FutureA $30 Billion Fortune Is Hiding in China’s Silicon ValleyBeef Industry Tries to Erase Its Emissions With Fuzzy Methane MathG

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  China Evergrande says $2.6 billion stake sale of property services unit falls through

  Reuters
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  Chinese Developer Sinic Defaults Amid Evergrande Contagion

  Bloomberg

Cathie Wood: This one simple tailwind will push the bull market to 2038 — here are 3 stocks to ride it

Forget your inflation fears. Wood sees decades of big gains ahead.

Trump's new social media deal sparks 400% surge in SPAC's shares

(Reuters) -Former U.S. President Donald Trump's plan to create a social media app after Twitter Inc and Facebook Inc barred him won an endorsement from investors on Thursday who sent shares in a shell company backing the effort soaring. Trump Media and Technology Group and Digital World Acquisition Corp, a Special Purpose Acquisition Vehicle (SPAC), announced on Wednesday https://www.reuters.com/world/us/former-us-president-donald-trump-launches-new-social-media-platform-2021-10-21 they would merge to create a new social media app called TRUTH Social. Trump's company said it plans a beta launch - unveiling a trial version - next month and a full roll-out in the first quarter of 2022.

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  Trump-tied SPAC soars, retail traders pile on

  Yahoo Finance
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  Trump to launch his own social media platform, calling it TRUTH Social

  TechCrunch