The Fed's latest Survey of Consumer Finances shows that the typical American household has $5,300 in a savings account at a ...

Everyone needs to save for retirement. Be sure you're not making any of these mistakes that will cost you later in life.

For example, if we have five people who have $10, $100, $1,000, $10,000, and $100,000 in savings, the mean is over $22,000. Is that a good representation of the average person's savings?

Savings accounts don’t necessarily give easy access to spending money. For example, you likely won’t find a debit card or checkbook attached to your savings account balance. In general ...

CNBC Select will update as changes are made public. With a high-yield savings account, you can get a solid interest rate and your money grows even faster thanks to compound interest — which lets ...

For Americans ages 45 to 54, the median 401(k) balance is just $60,763 according to Vanguard’s How America Saves Report. This ...

They may offer rates up to 11 times higher than regular savings accounts, which can add up fast. For example, let's say you deposit $1,000 into a savings account at 0.25%. After 12 months ...