The Motley Fool

Curious as to how much money people are retiring with today? Read on to find out.

The Average Older American Has This Much in Retirement Savings

GOBankingRates

Retirement: the magical time when you no longer have to work for your money. Instead, after years of hard work and smart financial decisions, your money should work for you. The age you started saving...

This Is How Much Savings Couples Need To Retire ‘Rich,’ According to Both Gen Z and Boomers

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A Dime Saved

Are you making any retirement mistakes? We all want to retire comfortably, but many don’t know how to reach that goal. Different people offer different advice, and it’s difficult to determine the best ways to approach retirement savings.

3 Retirement Mistakes To Avoid

Understand how your 401(k) works so you don't leave money on the table. Keep tabs on contribution limits and employer matches to help boost your retirement savings. The earlier you start, the more time you’ll have to let the power of compounding work in your favor. Racking up $1...

Want to Be a 401(k) Millionaire? 9 Tips All Retirees Should Know.

By the time you've retired, you'll hopefully have a portfolio of investments to help financially sustain you through retirement. But in addition to these investments, it's important to have some cash...

Here’s How Much Cash Retirees Should Have on Hand, According To Experts

FinanceBuzz

One of the best things you can do heading into retirement is to have a plan, especially around spending. Here are 11 purchases you'll want to avoid in retirement.

11 Purchases Retirees Almost Always Regret

San Diego, CA

Austin, TX

While we adhere to strict editorial guidelines, partners on this page also provide us earnings. It’s often said that America’s wage earners can’t get something for nothing, but that’s not always the reality. Ask anyone living in the nine states where income tax doesn’t exist. They’ll...

I’m 56 and single. Will moving from San Diego to Austin really boost my $500,000 retirement savings?

There are certain purchases retirees know better than to spend their money on during retirement. Using their savings to buy a timeshare, for example, might seem like a good decision at the time but...

I’m a Financial Expert: Here Are the 6 Best Things Retirees Spend Their Savings On

Between high cost of living, inflation and the wide vanishing of pension plans, a comfortable retirement in the U.S. can be incredibly expensive. In order to ensure you have enough for your golden...

Dave Ramsey’s 5-Step Retirement Budget

Upon retirement, it is time to budget. That's because most retirees are on a limited or fixed income, a personal combination of Social Security, individual savings and work-related compensation like...

9 Best Cars for Retirees With Monthly Payments Under $300

When considering your finances for later in life, it’s important to understand your options. One common retirement planning tool, the annuity, provides financial protection by exchanging present contributions for future income. It’s a unique solution aimed at those concerned about outliving their retirement savings – but it’s not the perfect fit for everyone. In fact, there are some compelling reasons that might make you reconsider buying one. Here are 6 reasons why an annuity might not be your best choice.

6 Reasons You Should NOT Buy an Annuity

Many or all of the products here are from our partners that compensate us. It’s how we make money. But our editorial integrity ensures our experts’ opinions aren’t influenced by compensation. Terms may apply to offers listed on this page. KEY POINTS. Hitting $1 million in retirement...

3 Things You Must Do When Your Retirement Savings Reach $1,000,000

In 2023, American workers participating in 401(k) plans continued to save at unprecedented rates, according to Vanguard's annual report, "How America Saves." While the overall trends in savings and investment were positive, there were signs of financial strain among some participants. The report notes a 12 percent increase in loan usage from 2022. More concerning was the rise in hardship withdrawals. Nearly four percent of non-retirees took money out in 2023 for emergencies.

Record 401(k) Savings in 2023 Marred by Surge in Hardship Withdrawals, Vanguard Reports

Retirement Daily

Don't just rely on the 4% rule. Explore five key strategies to stretch your retirement savings and ensure your golden years are worry-free.

Beyond the 4% Rule: Ensure Your Retirement Income Lasts a Lifetime

Figuring out how much money you'll need in retirement can be tricky. After all, while some factors are in your control — such as what sort of lifestyle you plan to lead in retirement — others, like your life expectancy, are nigh impossible to predict. Researchers at Morningstar...

79% of Americans who make this one move won't run out of money in retirement, researchers say

Whether you’re preparing for retirement, transitioning into it or already enjoying it, this guide has the advice you'll need.

Retirement Roadmap: Top Financial Tips for Gen X, Boomers and New Retirees

TheStreet

These policy changes and retirement considerations can help ease concerns.

401(k) and IRA portfolio values increase, but retirement concerns remain

Phoenix, AZ

Business Insider

Andrea Wallace and her husband became millionaires by 28 through frugality and house-hacking. They're on pace to both retire by 35.

A millennial couple who became millionaires before they were 30 by 'house-hacking' and living frugally explain how they plan to retire in the next 4 years

Do Americans really work themselves to death, as the media so often portrays? Likewise, do Europeans really avoid work like the plague? Be Aware: These Are America's 50 Fastest-Growing Retirement Hot...

The Average Retirement Age in 2024: US vs. France

Gillian May

I’m a former nurse and recovering alcoholic, and I’ve been concerned by the lack of health education given to the general public about the dangers of mixing alcohol with certain medications. The common practice is to place warnings on medications that they should not be combined with alcohol. Although some doctors will provide warnings and some education, they often don’t because education takes up a lot of time in a busy healthcare environment. Plus, many doctors underestimate the ability of patients to retain education. Lastly, discussing this may prompt people to stop taking their vital medications so it becomes a risk/benefit issue.

Opinion: Why You Shouldn’t Mix These Medications With Alcohol

NewsBreak

3 tips to catch up on retirement savings

Despite the widely accepted significance of retirement planning, studies indicate that many people are behind on saving and aware that they’re behind. According to a recent...

3 tips to catch up on retirement savings

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