Survey Reveals One-Third of Investors Have More Credit Card Debt Than Retirement Savings
A recent survey conducted by Schroders has revealed that one-third of U.S. investors have more credit card debt than retirement savings. The survey, which included 1,500 investors aged 30 to 79, highlights a significant financial concern as many Americans struggle to balance debt and savings. The survey found that many investors are not on track to meet their retirement savings goals, with nearly 30% having reduced contributions to their retirement plans in the past two years. Rising essential expenses, such as healthcare and housing, are cited as major barriers to saving. 
