50% of Americans Stopped Saving Last Year! Ep #293

Have you made any changes to your retirement savings due to the poor economy? If you did, you’re not alone.  According to a Financial-Planning.com article, half of America stopped saving for retirement last year. Don’t miss hearing why this is such a bad idea. Stick around for the listener questions segment where Bret and I address one listener’s worry about the upcoming changes to the tax code. Retirement Starts Today is the podcast where you learn how you can spend more money, pay fewer taxes, and live a better life. Outline of This Episode [1:42] 50% of Americans stopped saving last year [6:10] My thoughts [8:46] How prepared should I be for the sunset on tax laws in 2026 Resources & People Mentioned Half of America stopped saving for retirement last year amid soaring inflation The Retirement Tax Podcast Connect with Benjamin Brandt Get the Retire-Ready Toolkit: http://retirementstartstodayradio.com/ Follow Ben on Twitter: https://twitter.com/retiremeasap Join the newsletter: https://retirementstartstodayradio.com/newsletter Dive deeper into retirement planning with Ben at www.RetirementIncome.University Subscribe to Retirement Starts Today on Apple Podcasts, Stitcher, TuneIn, Podbean, Player FM, iHeart, or Spotify