Last week I had the pleasure of chatting with Business Insider reporter Liz Knueven to go over some common things I am seeing regarding financial planning. One of the trends I have notice in 2020, either from retirees or those working is that they have an extra amount of cash in savings. This was due to a variety of factors including: extra money from not going on trips, saving on gas, not eating out, not having to pay for parking. In addition to expenses that they did not have, some also received the stimulus checks on top of their normal income from employment or Social Security.
Check out my featured article with Business Insider here: