Stretching Your Dollar: What to Know About Saving for Retirement
A new study from Bankrate found that 56 percent of Americans feel they are behind when it comes to retirement savings. Tyler Bond, research director at the National Institute on Retirement Security, joined 'Stretching Your Dollar' to provide a roadmap for people to begin adequately saving for life after retirement.
Stocks dipped Friday morning after the yield on the benchmark 10-year Treasury crossed 5% for the first time in 16 years and also following Fed Chair Jerome Powell's remarks on Thursday.
Federal Reserve Chair Jerome Powell said Thursday that inflation remains too high and that bringing it down to the Fed's target level will likely require a slower-growing economy and job market.
