Vishesh Raisinghani

1 week ago | sg.finance.yahoo.com | Vishesh Raisinghani

If you’ve ever met someone whose lifestyle just doesn’t quite add up, you might be dealing with a high-class illusionist — someone pretending to be wealthy. Amidst all the social pressure to keep up with your neighbors and achieve that dream lifestyle, many ordinary Americans are simply faking it until they make it. I'm 49 years old and have nothing saved for retirement — what should I do? Don't panic.

1 week ago | moneywise.com | Vishesh Raisinghani

Sign 1: Flashy designer brands Many consumers are buying fashion they can’t afford. Roughly 51% of Americans surveyed by LendingTree last year said they overspent to impress others, with 29% of them saying they wanted to feel successful. The most common way to achieve this feeling, for 19% of respondents, was to spend on clothes, shoes and accessories. However, this perception of luxury brands and expensive clothing is an illusion.

1 week ago | ca.finance.yahoo.com | Vishesh Raisinghani

The Great Wealth Transfer currently underway isn’t a solution for wealth inequality. Instead, it’s likely to fuel a rising “dynasty” of young people with too much money and too little motivation to work, according to NYU professor Scott Galloway. I'm 49 years old and have nothing saved for retirement — what should I do? Don't panic. Here are 5 of the easiest ways you can catch up (and fast) Nervous about the stock market in 2025?

1 week ago | moneywise.com | Vishesh Raisinghani

The good news Baby boomers in America are expected to pass on between $70 trillion and $90 trillion in assets to their offspring, according to Cerulli Associates. “The average age of the world’s billionaires is almost 69 right now. So this whole transition or wealth handover will start to accelerate,” said John Mathews, head of UBS’ Private Wealth Management division, in an interview with CNBC. However, this massive wealth transfer isn’t distributed evenly across younger generations.

1 week ago | ca.finance.yahoo.com | Vishesh Raisinghani

While the headlines have been dominated by a rollercoaster in the stock market, financial guru Dave Ramsey isn’t going doom-and-gloom. In fact, the radio host believes every young American has a shot at becoming a millionaire. • None I'm 49 years old and have nothing saved for retirement — what should I do? Don't panic. Here are 5 of the easiest ways you can catch up (and fast)• None Nervous about the stock market in 2025?