Happy Friday, everyone. Closing out the week hear he opinions of White House economic advisor Larry Kudlow about the budget deficit. We’re all familiar with the term “time is money”, but how much? lWell read an interesting article that explores this concept. And in sports, we learn Nats Park in Washington DC will be hosting Topgolf and transforming the park to a driving range. And when it comes to retirement, we learn this week about Vanguard’s automatic enrollment, as well as the emerging shortfall of Social Security.
The White House economic adviser Larry Kudlow suggested on Thursday that the rapidly growing gap between federal income and spending wasn’t a pressing concern.
The value of time is the single most critical topic in all of finance, be it for individuals or large corporations.
When the Washington Nationals are away, the golfers will play. Topgolf and Complex Sports and Entertainment announced Thursday plans to turn Nationals Park into a driving range Aug. 22-25, when the Nats are on the road in Pittsburgh and Chicago.
As of the end of last year, 48 percent of Vanguard plans had adopted automatic enrollment and 66 percent of new plan entrants were enrolled in them, according to the company’s 2019 “How America Saves” report.
A slow-moving crisis is approaching for Social Security, threatening to undermine a central pillar in the retirement of tens of millions of Americans.