Jada Grady: March 31, 2016

IS FINANCIAL INDEPENDENCE A REALISTIC ATTAINABLE GOAL? 

RECENT SURVEY FINDS THAT AMERICANS AREN’T UTILIZING THEIR FINANCIAL KNOWLEDGE – WHAT CAN WE DO TO REVERSE THE TREND AND SAVE FOR THE FUTURE?

Jada-Grandy

Jada Grandy, Senior VP, Community Reinvestment Act strategies director, Fifth Third Bank

 

 

 

For many, the American Dream means financial independence. But is that really a realistic goal for most of us? Most Americans consider themselves financially savvy, but a closer look at their finances doesn’t always reflect that claim.

 

According to a new study by Fifth Third Bank, financial independence was cited as a goal for over 80% of respondents. But for many Americans, staggering debt, poor retirement planning and insufficient savings stand in the way of attaining the goal.

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