Meet the rich retired boomers who are now ultra-frugal because they are scared of going broke—even after saving for decades
via fortune.com
Short excerpt below. Read at the original source.
It’s not just Gen Z who can’t afford the cost of living right now. Even wealthy boomers who have retired with at least six figures in savings are feeling the pinch. That’s according to a study from Prudential Financial. The Fortune 500 investment, money management, and retirement planning firm surveyed around 20,000 people over the age […]