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Amid inflation worries, Americans are ramping up their summer spending plans
New MassMutual research unpacks people’s sentiments on vacation fever, college education regrets, parents’ financial influence, and recession fears.
US consumer debt nearing pre-pandemic levels, says Bernstein
Biden administration economic expert says people's finances are 'in quite good shape' despite cost of debt.
Advisors not seeing a spending slowdown
'If anything, rising interest rates have dramatically increased the income [retirees] are able to generate from their cash and fixed-income investments, which has improved their cash flow,' an advisor says.