"The Middle Class Financial Struggle: What's Unaffordable in the Next 5 Years"

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Source: Yahoo Finance
"The Middle Class Financial Struggle: What's Unaffordable in the Next 5 Years"
Photo: Yahoo Finance
TL;DR Summary

Experts predict that in the next five years, the middle class may struggle to afford extended family trips, new cars, private school tuition, homeownership, and healthcare costs due to rising inflation and expenses. Additionally, leisure and travel in retirement, as well as traditional "safe" investments for retirees, may become more challenging to maintain, prompting the need for careful financial planning and adjustments to accommodate these changes.

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