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 29594736, 48828035 |
29594736 | 26/06/2025 20:18:24 |
Americans nearing retirement and recent retirees said they were anxious and frustrated following a second day of market turmoil that hit their 401(k)s after President Donald Trump’s escalation of tariffs.
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As the impending tariffs shook the global economy Friday, people who were planning on their retirement accounts to carry them through their golden years said the economic chaos was hitting too close to home.
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Some said they are pausing big-ticket purchases and reconsidering home renovations, while others said they fear their quality of life will be adversely affected by all the turmoil.
“I’m just kind of stunned, and with so much money in the market, we just sort of have to hope we have enough time to recover,” said Paula, 68, a former occupational health professional in New Jersey who retired three years ago.
Paula, who spoke on the condition of anonymity because she feared retaliation for speaking out against Trump administration policies, said she was worried about what lies ahead.
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“What we’ve been doing is trying to enjoy the time that we have, but you want to be able to make it last,” Paula said Friday. “I have no confidence here.”
Trump fulfilled his campaign promise this week to unleash sweeping tariffs, including on the United States’ largest trading partners, in a move that has sparked fears of a global trade war. The decision sent the stock market spinning. On Friday afternoon, the broad-based S&P 500 closed down 6%, the tech-heavy Nasdaq dropped 5.8%, and the Dow Jones Industrial Average fell more than 2,200 points, or about 5.5%. |
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48828035 | 26/06/2025 21:36:03 |
center]4]Discover the Perfect Tokyo Trip Guide you’ll Love!
center]See complete details: https://itimaker.com/blog/tokyo-itinerary
Tokyo effortlessly mixes traditional sights with glass towers, ensuring an memorable visit in your next vacation. Use our expert-crafted five-day schedule to squeeze the most from your trip.
]Kick-off – Classic Meets Cutting-Edge
Begin at the red-lanterned Senso-ji, stroll Nakamise Street for handicrafts, then unwind in verdant Ueno. Cap the evening atop the 634 m Skytree for sparkling views.
]Foodie Quest – Markets to Trendy Streets
Rise early at Tokyo’s seafood haven to taste street snacks. Head next to youthful Harajuku lanes for vibrant shopping.
]Day 3 – Art & High-End Shopping
Immerse yourself in Tokyo National Museum, then browse in Tokyo’s luxury mile. Finish with Mori Art Museum for a inspiring finale.
]Regal Morning, Towering Night
Amble the serene royal quarters, get selfies at picturesque arches, then ascend Tokyo Tower for sweeping cityscapes.
]Day 5 – Relaxation & Cultural Immersion
Wrap up with an relaxing spa in Tokyo Bay’s Odaiba, practice a tea ceremony, and browse heritage streets of Yanaka before you fly out.
center]Ready to plan? Tap our blog to craft your tailor-made Tokyo adventure! |
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