To save enough for a secure retirement, you typically need to put away around 15% to 20% of your income. Chances are good you aren't doing that right now. In fact, it may seem impossible to save that much -- especially if you're one of the millions of Americans...
According to the Bureau of Labor Statistics, nearly 70% of private industry workers had access to a workplace retirement plan in 2021. Just 51% of them participated in those plans.
It’s estimated more than 100 million Americans are covered by a defined contribution retirement plan. Those plans hold something like...
They say patience is a virtue, and when it comes to Social Security, many seniors don't have it. Age 62 is the most popular age to sign up for benefits, even though filing then also slashes benefits for life.
This one goes out to everyone who’s struggling to save. (That is, most Americans.)
You can save really small amounts of money — like just $25 a month — and still end up with an impressive nest egg, according to financial analyst Ben Carlson on his blog A Wealth of...
The Dow Jones Industrial Average is seeing a selloff Wednesday afternoon with shares of Boeing and JPMorgan Chase delivering the stiffest headwinds for the index.
The Dow DJIA, -0.87% was most recently trading 360 points (1.1%) lower, as shares of Boeing BA, -4.38% and JPMorgan Chase JPM, -4.72% are contributing...
Maybe you see an unfamiliar charge on your bank statement. Or you notice your debit card isn’t in its normal place in your wallet. If you suspect bank account fraud, now is the time to take action. Otherwise, any money that’s missing...
Each stage of life comes with new responsibilities and excitement, and retirement is no different. Almost everyone has thought about what they look forward to most in retirement. For some, it is the ability to travel the world and start knocking off all those long-awaited bucket list items. For...
If you buy a home with a mortgage, you need insurance on the house. Not on part of the house, but on the whole thing.
Yet you can put money in a bank and only have insurance on some of it—and if you’re wealthy, only a tiny portion of it....
How can I increase my savings quickly?
Here are five ways you can boost your savings now and in the future.
Compare savings rates from multiple banks
Take advantage of sign-up bonuses
Since the end of September, the stock market has been undergoing some of the worst corrective action in a very long time. We saw some sharp dips back in February and March but the recovery was quick and the pain of the pullback did not linger.
The current correction has...
