The Motley Fool

Here's how your savings compare -- plus one simple way to save more.

This Is the Average 401(k) Balance for Ages 55 to 64

American households reported a mean income of $141,390 and a mean net worth of $1.06 million in the Federal Reserve's latest Survey of Consumer Finances. American households also reported a median income of $70,260 and a median net worth of $192,700, but those figures vary widely across different age groups.

Here's the Average Income and Net Worth for Americans by Age

The Hill

A record number of 401(k) accounts contained $1 million or more during the second quarter of 2024, according to an analysis from Fidelity Investments. There were about 497,000 so-called 401(k) “millionaires” last quarter, a 2.5 percent increase from 485,000 during the first quarter, according to Fidelity’s analysis of 24 million 401(k) accounts across 26,000 employer-sponsored…

401(k) millionaires reaches record high: Fidelity

Women often have a tougher time saving for retirement, but the right strategies can help.

Here's How Much the Average Woman Has Saved for Retirement

SmartAsset

For many people, early retirement means 62. This is the age they can start withdrawing money from their retirement accounts and receive Social Security. For example, let's assume an individual with $425,000 in a Roth IRA, a $1,000 monthly pension, and expect $1,600 in Social Security. Is it going to be enough? As often in […] The post I’m 62 With $425k in a Roth IRA and $2,600 per Month between Social Security and Pension. Can I Retire Now? appeared first on SmartReads by SmartAsset.

I'm 62 With $425k in a Roth IRA and $2,600 per Month between Social Security and Pension. Can I Retire Now?

Vice President Kamala Harris reportedly wants to force Americans to be taxed up to 44.6% of the profits they make from selling their homes. The report comes after Harris endorsed President Joe Biden’s Fiscal Year 2025 budget proposal. The Wall Street Journal reported Harris’s support for the major tax...

Harris supports a 44.6% tax on Americans for selling their homes: Report

Snopes

"Take note of the following birth dates," Laura Loomer posted.

Fact Check: Harris' Mom Lied on Immigration Form So She's Ineligible To Be President?

Astrology on Parade

Sometimes, we find love, friendship, and connections in people we least expected it from.

Which Zodiac Sign Unexpectedly Matches You?

Editor's Note: APYs listed in this article are up-to-date as of the time of publication. They may fluctuate (up or down) as the Fed rate changes. CNBC Select will update as changes are made public. If you're looking for a safe place to park significant savings, a jumbo CD can...

Best jumbo CD rates for September 2024

The presidential candidate has repeatedly claimed the alleged work experience in an attempt to connect with low-wage workers.

Fact Check: Harris Claims She Worked at McDonald's in College. Here's What We Know

Pennsylvania State

Wilkes-barre, PA

Straight Arrow News SANcom

At a recent rally in Pennsylvania, supporters left before Trump finished his speech and they expressed frustration with his message.

Trump supporters walk out on MAGA rally before it ends

There’s still time to snag an annual percentage yield, or APY, as high as 5.25% with one of the best high-yield savings accounts. But the clock is ticking. While savings rates have been elevated for the last two years, experts predict the Federal Reserve could begin cutting rates as early as September. And when it does, savings rates will likely fall, too. So, now’s the time to earn an APY more than 10 times the national average.

Best Savings Rates Today, Aug. 29, 2024: Don’t Let Up to 5.25% APY Pass You By

Business Insider

Walmart heiress Alice Walton's fortune has ballooned by $25 billion this year to hit $95 billion for the first time.

Alice Walton is the world's richest woman — and may soon be worth $100 billion

Writers represent independent, third-party users who have joined our contributor program and self-verified their accounts. Writers are expected, like all users, to adhere to our Community Standards.

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Ada E.

How can an astrological sign be the rarest in the world? Among the twelve signs of the Zodiac, one appears less frequently... But which one? Who is this mysterious sign that is the rare pearl of the Zodiac? Drum roll...

This Zodiac sign is the rarest in the world - is it yours

Community Voices represent independent, third-party users who have joined our contributor program but not yet verified their accounts. Community Voices are expected, like all users, to adhere to our Community Standards.

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Devra Lee

Disclaimer: This content was written by Devra Lee for general informational and entertainment purposes only. This service is to provide astrological information that has been researched, recorded, and observed by the author.

Horoscope of the Day, Thursday, August 29th

Former Trump campaign adviser David Urban joins CNN’s Anderson Cooper to react to former President Donald Trump’s reposts on his Truth Social account.

Trump shares vulgar post about Harris and Clinton. His ex-adviser has advice for him

Milwaukee, WI

The US city is already home to the world’s tallest timber tower. But another, wooden skyscraper could be added to its skyline.

This city is developing the world’s tallest timber tower, again

Comparing your mortgage payment to others may seem pointless, but it can help you gauge where you stand. Read on to learn more.

Here's The Average American's Mortgage Payment. How Do You Compare?

Forbes Advisor

Rates on savings accounts are rising. You can now earn 5.84% or higher on your savings. Searching for an account where you can put some money aside? Here’s a look at some of the best savings rates you can find today. Traditional Savings Account Rates Today. Traditional savings accounts,...

High-Yield Savings Account Rates Today: August 29, 2024

GOBankingRates

It can be difficult to recognize when you're in the presence of a truly wealthy person. Contrary to stereotypes surrounding the uber-rich, wealthy individuals are much more frugal than frivolous when...

5 Things the Wealthy Never Waste Money On, According To Experts

NewsBreak

Number of 401(k) ‘millionaires’ reaches new high

On balance, 401(k) participants have had a good run over the past year. Especially those who have amassed a balance of at least $1...

Number of 401(k) ‘millionaires’ reaches new high

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