Americans who are nearing retirement age have about $200,000 in their 401(k) accounts on average, a new survey found.
According to Vanguard’s “How America Saves 2019” report, published this month, the average American worker aged 65 and older has...
Saving for retirement is an important financial goal, but it’s been a difficult one for most Americans to achieve comfortably. Finding more money to save is always a challenge, and even those who do a good job of accumulating assets and investing...
Can you come up with $10 a day? If so, you can potentially retire with over $2.7 million dollars to your name. That’s what you would wind up with if you invest $10 a day for a 45-year career at a 9.5%...
President Trump tweeted earlier this month that the U.S. and Mexico reached a deal to avert new tariffs. The Mexicans will send 6,000 troops to their southern border to slow migration from Central America.
The agreement bolsters the president’s...
Most people are expected to outlive their retirement savings, a new study from the World Economic Forum found.
That should come as no surprise, as the median amount baby boomers have saved for retirement is just $152,000, according to...
If you’ve spent nearly your entire adult life working, retirement may seem like it can’t come soon enough. And the idea of spending several decades in retirement probably sounds like a dream.
To your wallet, though, a long retirement...
Once you reach your mid-60s, retirement is just around the corner, which means you have limited time to boost your savings before your career comes to a close. Unfortunately, many Americans risk running low on money in retirement, and it’s all because...
I’ve had this conversation about investing numerous times. In fact, it has reached an almost scripted level of precision.
Friend: “I don’t invest.”
Me: “Do you have a 401(k)?”
Friend: “Yes”
The number of Americans prepared to meet their basic expenses in retirement has drastically declined in the last 20 years, according to research published by Boston College.
This study confirms, at least to some degree, that it’s not only...
How much will retirement Opens a New Window. cost? If that question Opens a New Window. stops you in your tracks, you’re not alone Opens a New Window. .
A Bankrate survey found 61 percent of Americans don’t have...
