Edward Silversmith Jr. CFP®, CPWA®, and Associate Portfolio Manager at Wealth Enhancement Group was featured by CNBC in “Is Financial Stress Hurting Retirement Savings? 4 in 10 Workers With.”
With average credit card rates topping 20%, Silversmith said that temporarily adjusting long-term savings to eliminate high-interest debt and reestablishing an emergency fund can be a winning strategy over time. Remember, “the long run is a series of short runs,” he said.
For more information, access the full article authored by Sharon Epperson here.