#personal-finance-risk

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#inheritance-expectations #millennial-retirement-planning #household-savings-rate
Retirement
from24/7 Wall St.
5 hours ago

Northwestern Mutual's 2025 Planning & Progress Study Found That 69% of Millennials Say an Inheritance Is Critical to Their Retirement

69% of millennials view inheritance as critical, but only 26% expect to receive one, creating a long-term retirement planning risk.
fromThe Atlantic
2 months ago

'If You Win One Penny, You're in the Top 2 Percent of Bettors'

From Plato to Charles Barkley, great minds have warned about the destructive power of gambling. The way societies have usually managed the vice is to cordon it off. It's legal, but contained to disreputable places, such as red-light districts, riverboats, and Nevada. This was true in much of the United States until 2018, when a Supreme Court ruling opened the door to legalized sports betting nationwide.
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