02.19.25 Your Savings Rate / Running Out Of Money In Retirement
Your Savings Rate / Running Out Of Money In Retirement
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Show Notes
One of the most popular pages on Clark.com is our Best High Yield Online Savings Accounts article, because we all want to get the most interest on our cash. Capital One was recently accused of cheating customers out of interest rate payments - so how do you ensure you are getting best rates? Also - several high profile celebrities have revealed that they have run out of retirement savings. It just goes to show that it’s not how much you make, but how much you save. Avoid the MPC (Marginal Propensity to Consume) trap that has drained dry even the wealthiest of earners.
- Make More On Savings: Segment 1
- Ask Clark: Segment 2
- Retirement: Running On Empty: Segment 3
- Ask Clark: Segment 4
Mentioned on the show:
- Capital One Accused of ‘Cheating’ Customers Out of $2 Billion
- Best High-Yield Online Savings Accounts - Clark.com
- High-Yield Savings Account (HYSA) Calculator
- How To Open a Roth IRA
- Best 529 College Savings Plans By State
- What Is an HSA Account and How Does It Work?
Clark.com resources
- Episode transcripts
- Community.Clark.com / Ask Clark
- Clark.com daily money newsletter
- Consumer Action Center Free Helpline: 636-492-5275
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