Forget the traditional picture of retirement filled with rocking chairs. A recent YouGov survey reveals a fresh perspective on retirement for Gen Z and millennials, highlighting some intriguing trends and contrasting viewpoints.
The survey dives into their...
If you’ve inherited an individual retirement account since 2020, you could have a shorter timeline to withdraw the money, which can trigger tax consequences. But there are a few things to consider before emptying an inherited account, experts say.
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With inflation picking up again and highly anticipated Federal Reserve interest rate cuts delayed, it may be a good time for Americans to tweak their investment and retirement portfolios, financial advisers say.
While U.S. rate cuts are...
Online bank UFB offers one of the best rates on a high-yield savings account that you'll find -- 5.25% APY on the UFB Secure Savings Account. And while this APY is already competitive, UFB is giving its clients a chance to earn an extra 0.20% on their savings when they...
With inflation picking up again and highly anticipated Federal Reserve interest rate cuts delayed, it may be a good time for Americans to tweak their investment and retirement portfolios, financial advisers say.
While U.S. rate cuts are on hold, the European Central Bank (ECB) suggested last week that its first...
The amount near-retirees have saved up may vary wildly, but it's not too late for them to improve their situation.
It can be a bit counterproductive to compare your retirement portfolio's value to someone else's. No two people's circumstances are exactly the same, after all. The financial situation you're creating...
Social Security was never supposed to be your sole source of retirement income. Indeed, for disciplined investors, Social Security won't even be their biggest single source of income in retirement. If you can maximize the benefit of a program you're required to participate in, though, you may as well...
In your 30s, your list of financial burdens is probably growing, including everything from paying for child care to saving up for a first home.
Despite these challenges, Americans in their 30s managed to save the most money out...
If you’re heading into retirement with a $5 million nest egg, congratulations.
Northwestern Mutual’s 2024 Planning and Progress Study found that the average American believes they’ll need $1.46 million to retire comfortably. However, according to the Federal...
Future retirees are being urged to familiarise themselves with certain retirement rules or risk losing vital Social Security benefits.
A Social Security Advisory Board (SSAB) report is reminding older Americans of why it is important to understand...
