‘Consuming less and saving more are big trends and quite healthy trends’
Selwyn Gerber, chairman of RVW Wealth in Memphis said he is seeing a trend of individuals wanting to save more and spend less. (LM Otero/AP file)
The good news: Wealth managers see clients spending less and saving more. The bad news: Some employers have reduced 401(k) contributions, and that could fuel a future retirement crisis.
Topics
RVW Wealth Prudent Financial Legacy Wealth ManagementChristin Yates
Christin Yates is a native Memphian who has worked in PR and copywriting since 2007. She earned her B.S. in public relations and M.S. in mass communications from Murray State University.
Comments
Want to comment on our stories? If you’re a subscriber, scroll down to the comments. If you’re not a subscriber, only paid subscribers can add their thoughts, so subscribe now. Our commenting policy can be viewed here.