Retirement Reality Check & More Money News
seb_ra / iStock.com
Commitment to Our Readers
GOBankingRates’ editorial team is committed to bringing you unbiased reviews and information. We use data-driven methodologies to evaluate financial products and services – our reviews and ratings are not influenced by advertisers. You can read more about our editorial guidelines and our products and services review methodology.
20 Years
Helping You Live Richer
Trusted by
Millions of Readers
Hello! It’s time again for our daily rundown of some of the top financial stories out there. It’s also time for me to turn up the heat in my house. The Denver area is facing its first freeze of the season, and I’m already freezing my baguettes off! But enough about me, here’s the news.
The Big Lead: Survey Reveals 51% of Workers Are Behind on Retirement Savings
Nearly half of Americans (49%) believe they’re on track for retirement. However, a survey of 1,000 U.S. workers from MyPerfectResume suggests many may be overestimating their preparedness. Here’s what the survey revealed about Americans’ retirement readiness and what workers can do now to strengthen their long-term financial outlook.
Business Spotlight: Southwest Airlines
Southwest is continuing its recent overhaul of business practices, this time by scrapping its A-List and A-List Preferred loyalty program in favor of something similar to other airlines. Starting on Jan. 1, Southwest will replace the current two tiers of elite frequent flyer status with silver, gold and platinum levels. Read all the details here.
Good To Know: 9 Money Questions To Ask Before Getting Dental Work
When money is tight, many people say no to going to the dentist. According to the Federal Reserve, dental care was the most frequently skipped kind of medical care last year. With that in mind, MoneyLion talked to a couple of dentists who shared specific money questions you can consider asking before you agree to any dental work.
