Your Money Minute: How Your Freedom Number Leads to Financial Security

In this edition of Money Minute, Candy explores the concept of financial security and the psychological perceptions surrounding wealth. Drawing from a study by Charles Schwab, she reveals that many Americans believe they need around $840,000 to feel financially comfortable and $2.3 million to feel wealthy. However, the median net worth for those nearing retirement is only about $409,000. Candy…