In 2023, the average retiree age 65 or older spent just over $5,000 per month. The largest portion of that went toward housing. See how your spending compares.

One rule of thumb is that you'll spend 70%-80% of what you spent before retirement during retirement. Using the 4% rule, you can calculate how much you need to save in total.

Motley Fool Money reports that the median US household savings account balance is $8,000, with disparities across ...

The average 50-something American has a net worth of $1.4 million, according to a report from Empower, the financial services ...

Instead of letting your money sit idle, it's time to take control of your finances and make moves that maximize growth.

President Donald Trump is pitching a housing fix that invites Americans to crack open their retirement piggy banks to get a ...

More U.S. citizens are considering retiring to another country than ever before, but there are quite a few things you should ...

Paying off your mortgage and entering retirement debt-free is a major accomplishment. It reduces monthly expenses and eliminates interest payments that drain your portfolio. But debt freedom alone ...

Quick Read 40% of older Americans rely solely on Social Security for retirement income. Benefits are calculated from your ...

But loans require paying interest, increasing your living costs and causing you to draw down your retirement funds faster ...

By the time you reach your 50s, retirement can start to feel uncomfortably close rather than far away. You like the idea of ...