Whether you have access to a retirement plan through work increasingly depends, at least partly, on where you live.
Within the last decade, 16 state legislatures have adopted retirement-savings programs targeting workers whose employers don’t offer a...
Here’s a head-scratcher: Getting a raise could hurt your standard of living in retirement.
That conclusion seems counterintuitive. After all, wouldn’t saving the same percentage of a larger paycheck yield more savings, and therefore a healthier retirement?
There's a reason workers are warned to save diligently for retirement. Social Security often fails to cover seniors' living expenses in full. And those who retire on those benefits alone often struggle financially.
The average monthly Social Security benefit...
Being an IRA or 401(k) millionaire is rare, but not unheard of. But what about being an HSA millionaire?
Individual Retirement Accounts (IRAs) and 401(k)s are two of the most popular tax-advantaged retirement savings accounts in the United States. In fact, it's...
How much do you need to retire? And, equally important, how do you reach that goal? These questions baffle many American savers, and it's no wonder. Financial experts throw out retirement savings numbers ranging from $1 million to $5 million, along with...
It’s probably one of the very first personal finance tips your parents ever told you: always carry cash.
While we may mistake this age-old advice as more of a generational preference, there is some validity to it. After all,...
How much can you spend in retirement?
Most people spend years saving for retirement. Then, when the time comes to begin spending their savings, they have no strategy in place.
Many studies—including our own research*—have shown that successful retired investors often don't spend much of their retirement savings, and their money...
Federal Reserve officials are worried that inflation could last longer than they had anticipated, according to minutes from a recent meeting released this week.
Now, a survey from Global Atlantic Financial Group shows that retirement age investors ages 59...
The rate of inflation has slowed a bit in recent months, and there are even indications that it has topped out. "Peak inflation is probably behind us," Megan Greene, chief economist at Kroll Global, said on CNBC's Squawk Box. Still, it's unlikely high prices are going anywhere anytime soon....
Given that the future is always uncertain, planning for it can seem a little daunting. Or worse, something you can keep putting off indefinitely. However, this is all valuable time that could be spent shoring up your financial situation to help plan...
