SoFi Hong Kong Blog - US_KO
Consumer spending is the backbone of the U.S. economy, and the fact that Americans kept their wallets handy throughout the steep inflation of the past years helped the economy stay resilient. But a closer look reveals that it’s not quite so simple. While high-income earnings are behaving one way, lower and middle-income households are spending…Read more
Nearly 80% of Americans feel the nation is facing a “retirement crisis”, according to a study by the National Institute on Retirement Security (NIRS). That’s a lot of people, but more importantly, it’s up from just two-thirds in 2020. Retirement is an ever-important topic for people. Questions about how much to contribute and tax-efficient ways…Read more