News

Average 401(k) plan balances reached $148,153 in 2024, up from $134,128 in 2023, according to Vanguard’s “How America Saves ...
In a recent article, I reflected on the investment mistakes I’ve made over the past 30 years and the valuable lessons they taught me. In hindsight, I may have left readers with the impression that ...
(k) savings vary sharply by income, with auto-enrollment and tenure also playing key roles in building retirement security.
They are contributing to their 401(k)s much earlier than millennials did, reports show, and young women in particular are ...
While Vanguard's newly released "How America Saves" yearly report reveals that Americans' 401 (k) savings rates are at record ...
Workers in their 50s have kept contributions steady, but many still fall short of recommended retirement savings targets ...
Saving early for retirement is the key. According to experts, if you’re 50, you should save at least 3.5 to 5.5 times your salary. Don’t forget to maximize retirement contributions, reduce debt, and ...
Increasingly, the drumbeat of financial advisers who say $1 million won't be enough for retirement is growing louder. On Monday, Real World Investor released research estimating that Americans will ...
Despite record plan participation, many workers remain at risk of inadequate retirement savings as Social Security's future ...
If pulling too much from a portfolio during down markets is a bad idea, filing for Social Security might look compelling.
This manifests as excessive worry about spending money, guilt over purchases (even small ones), and constant fear of losing wealth despite having high salaries. Some mentioned earning ...
The SECURE 2.0 Act expands retirement savings options, including new tax credits, Roth changes and catch-up provisions.