Category: Uncategorized

We can now put some numbers on "forced retirement" thanks to a Fed study that shows 40% of households show signs of financial stress Four out of 10 American households were straining financially five years after the Great Recession — many struggling with tight credit, education debt and retirement issues, according to a new Federal Reserve survey of consumers. This latest snapshot, which the Fed said was aimed at monitoring the recovery and risks to financial stability, adds to the understanding of the severity of the Great Recession’s effect on households and individuals