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...
archivetag:Personal Savings
How these Americans made millions out of nothing
Making millions of dollars with a fleet of ice cream trucks, or an eBay business, or a family roofing company,...
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...
A bank’s offering a 100-year CD. Should you consider investing in one?
Savers may want to lock in high interest rates for the long haul before they likely head lower later this...
High-yield savings accounts are hiding at banks you’ve never heard of
Looking for a high-yield savings account?According to Motley Fool’s The Ascent, your best option right now might be SoFi, an...
Time is money. A new survey tells us how much it’s worth.
Time is precious, and Americans know it.To gauge how precious, financial planning firm Empower asked 2,204 adults between March 11...
New FAFSA rules open up ‘grandparent loophole’ that boosts 529 plans
The 529 education savings plan got a couple of big upgrades in 2024 as a tool to save and pay...
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,...
