Einat Steklov | Source | Co-founder & CEO at Kashable

Einat warns that the traditional 3-6 month emergency fund is outdated due to inflation and job market volatility. "Unexpected costs can quickly deplete savings," she notes. Einat advises reassessing financial strategies, incorporating liquid savings, and accessing low-cost credit to strengthen financial safety nets in today's economy.

Einat notes that "gender pay disparities and inadequate childcare policies" are major stressors. Cultural expectations place women in caregiving roles, limiting savings. Financial literacy gaps further exacerbate stress, even with sufficient income. Einat advocates for financial education and systemic support to empower women and alleviate stress.

Einat highlights potential risks and opportunities for near-retirees under Trump's election. She notes, "Economic policies may affect retirement savings, tax changes, investment returns, and inflation." Einat emphasizes alternative solutions like low-cost loans to preserve savings, amid trends like increased 401(k) withdrawals for emergencies.