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Edward Jones

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Money anxiety grips 216 million Americans despite stable finances
personal-finance1 month ago

Money anxiety grips 216 million Americans despite stable finances

A Fortune report based on Edward Jones and Gallup finds 83% of U.S. adults feel financial stress (about 216 million people), with only 16% feeling financially fulfilled. Stress spans income and generations and is linked to money dysmorphia fueled by social media. Practical fixes include budgeting, saving, and debt reduction, plus redefining what “enough” means, as anxiety persists even when finances look solid and can affect health and relationships.

personal-finance3 years ago

Navigating Retirement: Strategies for Withdrawing and Saving

Financial services firm Edward Jones recommends determining your ideal withdrawal rate in retirement based on your age, risk tolerance, and personal goals. They suggest aligning your withdrawal rate with your age and risk tolerance, adjusting it as needed during market volatility, and spending according to your goals and values. Factors to consider include legacy planning, investment strategy, retirement age, and longevity. It is important to consult a financial advisor and stay flexible in your approach to ensure a sustainable and enjoyable retirement.