With less than half of Americans on track for retirement, according to the latest Vanguard Retirement Outlook, many people feel the need to catch up. Much of the advice online can feel too generic, ...
Life happens. Divorce, job loss, debt and illness can all get in the way of saving for retirement like you'd like to. It doesn't help when everyone around you seems to be so much further ahead. All ...
Americans ages 55 to 64 have a median 401(k) balance of $95,642. Workers over 50 can contribute an extra $8,000 annually to 401(k)s. Those aged 60 to 63 can add $11,250. Delaying Social Security until ...
New catch-up retirement contribution rules promise bigger savings, but certain provisions mean many workers may see little or no benefit.
A majority of Generation X members didn't prioritize retirement until age 50 or beyond As many as 28% of Generation X workers expect Social Security to be their primary source of income, according to ...
Trina Paul is a Breaking News and Personal Finance Writer at Investopedia, covering topics like retirement, consumer debt, and retail investing. She focuses on making complex financial topics ...