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:Retirement & Pension
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...
How to build a million-dollar retirement if you’re already 50
If you're over 50 and nowhere near $1 million in retirement savings, you're probably feeling anxious.However, with discipline, consistency, and...
Most Americans over 50 worry they won’t have enough
An increasing number of people are worried that they won’t have enough money to live comfortably in retirement, and men...
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...
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,...
