It's important to save well for your senior years. Your mid-40s to mid-50s are a good time to assess your nest egg and make sure you're happy with it. If not, there are steps you can take to catch up.
The group born from roughly 1965 to 1980, Gen Xers are the test subjects in America’s experiment of replacing pensions with ...
Tax free incoe in retirement is woth celebrating in 2024. Party goers bring in the New Year celebrating on Hollywood Blvd at the Spundae New Years Eve party. (Photo by Steve Grayson/WireImage) A Roth ...
For many of us, retirement may seem far away. However, if you ask people who have already retired, many of them will tell you just how fast it can creep up on you. That's why it's important to begin ...
Key Takeaways A 401(k) might be your best bet for saving more for retirement.A recent study shows that people with 401(k)s were able to save 29% more for retirement than their peers who did not have ...
Fidelity reported that 512,000 savers were 401(k)-created millionaires in the first quarter, down about 4.6% from 537,000 in the fourth quarter of 2025. Most individuals continued to contribute to ...
More Americans opted for hardship withdrawals and loans against their 401(k) in 2023 vs. 2022. This trend illustrates the importance of saving and building wealth to avoid financial planning pitfalls.
The 401(k) retirement savings plan is undergoing changes in 2025 aimed at enhancing retirement savings opportunities for many Americans, particularly older workers. The new rules include higher ...
In 2026, the IRS changed an important rule for individuals over age 50 who earned more than $150,000 a year. If those people ...
An annuity is a financial product that pays out a fixed amount of money at regular intervals for a set period of time. You can purchase an annuity with a lump sum or a series of payments, and the ...
This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. People 50 and older were already able to put ...
Lucy Lazarony is an experienced personal finance journalist and writer who got her start in 1998 writing about financial topics. She writes accessible and easy-to-understand articles about credit, ...