Golden Years Harder To Come By

[] It’s not supposed to be like this [View in browser]( [View in browser]( [] MAY 2, 2024 [] [] Golden Years Harder To Come By Golden Years Are Getting Harder To Come By Most Americans work their entire adult lives — some even past official retirement age — just to earn the privilege of enjoying their Golden Years. But according to a recent report by AARP, those Golden Years are getting increasingly difficult to reach for many. Alarmingly, 1 in 5 Americans aged 50 and over have no retirement savings at all. And over half of this demographic is worried that they won’t have enough funds to support themselves through retirement. The AARP survey shines a light on a stark decline in financial confidence, particularly among men; 42% describe their financial situation as 'fair' or 'poor,' a significant rise from 34% at the beginning of 2022. Women, while generally more cautious savers, feel even less prepared, with only 30% confident that they're saving enough for retirement compared to 40% of men. These figures underscore a broader economic anxiety. Nearly a third of older adults who carry a credit card balance report owing $10,000 or more. With the cost of living rising, a substantial portion of the older population is grappling with basic expenses; 37% worry about affording essential needs like food and housing, and 26% are concerned about covering family caregiving costs. Despite the financial gloom, there is a glimmer of hope — 33% of those surveyed believe their finances will improve in the next 12 months. This optimism, however, is tempered by the reality that 70% fear prices will continue to outpace their incomes. A stark 26% of pre-retirees even believe that they will never be able to retire. The issue extends beyond individual circumstances to systemic gaps in retirement planning access. AARP notes that Americans are 15 times more likely to save for retirement if they have access to a workplace plan. Yet, nearly 57 million people lack access to such plans at work. This disparity has prompted states like California, Colorado, and Connecticut among others to establish auto-IRA programs to aid those without employer-sponsored retirement plans. Congress is also recognizing the urgency of the situation. Legislation like the Retirement Savings for Americans Act of 2023 and the Automatic IRA Act of 2024 aims to broaden retirement security, a vital step given the challenging landscape. As AARP works with states and pushes for federal action, the retirement crisis remains a pressing concern. Ensuring that the Golden Years are not just a privilege for the few but a secure and enjoyable phase of life for all Americans is more crucial than ever. — The Prosperity Pub Team [] [] [OUTRAGEOUS DISCOVERY] Trades that only cost 25¢!? One former Wall Street banker has discovered a new way to tap into what could be the cheapest options on the market! While most folks are paying hundred$ or thousand$ to trade popular stocks like Apple, Nvidia, or Microsoft… He’s found a strategy that has seen some of these dirt-cheap options double and even triple in what seems like no time! [Click to get all the details on this remarkable breakthrough!]( [] [] SCOTT WELSH’S TICKER TALES Time to Trade Tradeweb? (TW) When looking to trade breakouts, the famous traders like to see some momentum already in the stock. With momentum, what goes up keeps going up — at least for a while. And Tradeweb (TW) definitely fits that description. Since July of 2023, TW has been stair-stepping its way upward and has more positive momentum than most stocks at the moment. And right now it’s paused in a sideways channel, possibly gathering up energy for a breakout. Here’s the chart: [] A break above $108.05 could lead to a nice momentum-continuing move. We’ll keep an eye on it. Happy trading, — Scott Welsh P.S. As a reminder, these plays are based on my longer-term Weinstein Stage Analysis method. The charts above use weekly candles and a 30 week simple moving average. For details on this method, see my explanation on [this Ask The Pros episode]( starting at timestamp 20:45. [] [] [] [] MAY 2, 2024 [] [] Golden Years Harder To Come By Golden Years Are Getting Harder To Come By Most Americans work their entire adult lives — some even past official retirement age — just to earn the privilege of enjoying their Golden Years. But according to a recent report by AARP, those Golden Years are getting increasingly difficult to reach for many. Alarmingly, 1 in 5 Americans aged 50 and over have no retirement savings at all. And over half of this demographic is worried that they won’t have enough funds to support themselves through retirement. The AARP survey shines a light on a stark decline in financial confidence, particularly among men; 42% describe their financial situation as 'fair' or 'poor,' a significant rise from 34% at the beginning of 2022. Women, while generally more cautious savers, feel even less prepared, with only 30% confident that they're saving enough for retirement compared to 40% of men. These figures underscore a broader economic anxiety. Nearly a third of older adults who carry a credit card balance report owing $10,000 or more. With the cost of living rising, a substantial portion of the older population is grappling with basic expenses; 37% worry about affording essential needs like food and housing, and 26% are concerned about covering family caregiving costs. Despite the financial gloom, there is a glimmer of hope — 33% of those surveyed believe their finances will improve in the next 12 months. This optimism, however, is tempered by the reality that 70% fear prices will continue to outpace their incomes. A stark 26% of pre-retirees even believe that they will never be able to retire. The issue extends beyond individual circumstances to systemic gaps in retirement planning access. AARP notes that Americans are 15 times more likely to save for retirement if they have access to a workplace plan. Yet, nearly 57 million people lack access to such plans at work. This disparity has prompted states like California, Colorado, and Connecticut among others to establish auto-IRA programs to aid those without employer-sponsored retirement plans. Congress is also recognizing the urgency of the situation. Legislation like the Retirement Savings for Americans Act of 2023 and the Automatic IRA Act of 2024 aims to broaden retirement security, a vital step given the challenging landscape. As AARP works with states and pushes for federal action, the retirement crisis remains a pressing concern. Ensuring that the Golden Years are not just a privilege for the few but a secure and enjoyable phase of life for all Americans is more crucial than ever. — The Prosperity Pub Team [] [] [OUTRAGEOUS DISCOVERY] Trades that only cost 25¢!? One former Wall Street banker has discovered a new way to tap into what could be the cheapest options on the market! While most folks are paying hundred$ or thousand$ to trade popular stocks like Apple, Nvidia, or Microsoft… He’s found a strategy that has seen some of these dirt-cheap options double and even triple in what seems like no time! [Click to get all the details on this remarkable breakthrough!]( [] [] SCOTT WELSH’S TICKER TALES Time to Trade Tradeweb? (TW) When looking to trade breakouts, the famous traders like to see some momentum already in the stock. With momentum, what goes up keeps going up — at least for a while. And Tradeweb (TW) definitely fits that description. Since July of 2023, TW has been stair-stepping its way upward and has more positive momentum than most stocks at the moment. And right now it’s paused in a sideways channel, possibly gathering up energy for a breakout. Here’s the chart: [] A break above $108.05 could lead to a nice momentum-continuing move. We’ll keep an eye on it. Happy trading, — Scott Welsh P.S. As a reminder, these plays are based on my longer-term Weinstein Stage Analysis method. The charts above use weekly candles and a 30 week simple moving average. For details on this method, see my explanation on [this Ask The Pros episode]( starting at timestamp 20:45. [] [] [] [] ABOUT US: We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. Prosperity Pub provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Prosperity Pub are for your informational purposes only. Neither Prosperity Pub nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Prosperity Pub is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Please visit [( for our full Terms and Conditions. [Unsubscribe]( This email was sent to {EMAIL} by Prosperity Pub 101 Marketside Ave, Suite 404 PMB 318, Ponte Vedra, Florida 32081, United States [Prosperity Pub]( [] ABOUT US: We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. Prosperity Pub provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Prosperity Pub are for your informational purposes only. Neither Prosperity Pub nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Prosperity Pub is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Please visit [( for our full Terms and Conditions. [Unsubscribe]( This email was sent to {EMAIL} by Prosperity Pub 101 Marketside Ave, Suite 404 PMB 318, Ponte Vedra, Florida 32081, United States [Prosperity Pub](