Why retirement is out of reach for many working Americans
Theresa Edwards thought these would be her golden years. Instead, she gets up at dawn to crisscross Los Angeles by...
archivetag:401(k) plan
Gen X 401(k) retirement savings lag, but there’s optimism
For the first time ever, Gen X workers saw their 401(k) balances top those of Baby Boomers, Fidelity data showed.Balances...
Leave the money or take it out?
Companies are responding to an aging workforce and scars from the past three years of elevated inflation by changing up...
Do you need a million dollars to retire? A top economist says no.
If you want to retire in comfort, investment firms and news headlines tell us, you may need $1 million in...
Dow Jones closed above 40,000. What it means for economy, 401(k)s
The Dow Jones Industrial Average hit a new milestone Friday, closing above 40,000 for the first time and underscoring the...
Social Security is an annuity. Why don’t more people understand them?
Annuities are an essential component of the American retirement system, starting with Social Security. Why, then, do so few Americans...
The unfortunate truth about maxing out your 401(k)
Millions of us have 401(k) accounts, sponsored by our employers or former employers. And hundreds of thousands, if not millions,...
