5 Biggest Financial Risks In Retirement (9 25 23)

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💵 Money Mantras

In last week’s newsletter, we relayed a fantastic Clark quote that could serve as his personal mantra: “When it comes to saving money, my time is worth nothing.”

That got us thinking. What financial mantra best describes you?

Here are some of the responses we received:

  • Terri in Arizona: "My dad always said, 'Nothing is a bargain if you don't need it.'"

  • Robb in Georgia: "Time is money! I could not disagree more with Clark's statement, 'My time is worth nothing!' Ridiculous. Time is our more precious and valuable commodity that can never be replaced."

  • Dudley in Massachusetts: "Squeeze the pennies and the dollars will take care of themselves." (Be careful with all purchases and you will save enough to buy what you want.)

  • Glen in Florida: "Pay yourself first."

  • Gloria in Georgia: "I'm not trying to keep up with the Joneses because they don't pay my bills."

💵 Today’s Top Stories
Risk

Most people think a market drop that cuts into your savings is the biggest risk in retirement. But in actuality, it ranks behind these other two risk factors. Read more.

Washer and dryer in home

There are three times during the year when you’re most likely to score a good deal. Team Clark has analyzed the data for years to find out when and where the best deals are. Read more.

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Used cars

Clark is a huge fan of conducting a regional or even a nation-wide vehicle search in order to get the best deal. You can save 6.5% or more vs. the national average buying in these cities. Read more.

Booking flights online

Clark loves his Capital One Venture X Rewards Credit Card. But does it truly offer deals on travel? Or does he have to overpay in order to take advantage of this card’s benefits? Read more.

Credit card wallet cash money

Chase is offering two new, limited-time welcome bonuses that could net you $900. Are these no-fee cards worth it? Read more.

📊 Stat of the Day

💸 $60 billion: The approximate amount of money that Disney plans to invest in theme parks in the next 10 years – nearly double what it previously planned. Parks have been profitable for the company despite an attendance drop in the U.S. The company is still struggling to turn a profit with its streaming business.

💰️ Deal Alert: Today’s Top Deals
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🎙️ Podcast

Christa reads the latest "Clark Stinks!" submissions and Clark responds. Also, have you noticed new choices online to protect your privacy when you visit a website? Many of us ignore it or accept all cookies. But there are several big reasons why you should pay close attention!

☎️ Need Money Help?

The Team Clark Consumer Action Center is a free helpline that can help you navigate your money questions. Call 636-492-5275. Visit clark.com/cac for more information.

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