Distressed Caller to Dave Ramsey Show Panicked about Retirement at 54: Financial Pro Offers 2 Goals

A distressed caller from Florida revealed her concerns about retirement as she phoned into The Dave Ramsey Show. At 54, Denise, a realtor, expressed her panic about her financial situation, including a mortgage balance, car payments, and a relatively low gross income. Another caller, Steve, aged 48, sought advice as he had no retirement savings. Fred, aged 72 from Kentucky, also reached out with only $6,000 to his name. These anecdotes highlight the growing concerns …

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Pension Fund NPS to Invest $1.1 Billion in Distressed Securities and Funds in 2024

Jeonju, South Korea – The National Pension Service (NPS) in South Korea is set to allocate a record-breaking 1.5 trillion won ($1.1 billion) for external investment management this year, marking a significant milestone for the world’s third-largest pension fund. Included in this allocation is an investment in bonds with a high default risk, a departure from its previous strategies. Recently, the NPS announced its intention to hire external managers to oversee investments totaling 1.55 trillion …

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