Still, the typical retiree also relies on other sources of income to boost everyday budgets.
Some one in seven recipients ages 65 and older depend on Social Security for nearly all of their income.
The Trump administration wants to make it easier to add private equity investments to 401(k) accounts.
The program is supported by the vast majority of Americans, but, unless changes are made, it will start running out of money to pay full benefits in 2033.
The average age for a first-time homeowner is 38, but not all buyers enter the market at the same time.
Their spending has been strong through the pandemic and inflation. But it doesn’t mean they’re not worried about the economy.
Over the past three decades, the share of homeowners ages 65 to 79 with a mortgage rose from 24% to 41%.
On some campuses, the term “college senior” is taking on a whole new meaning.
"Who knows what's going to happen next?" said one soon-to-be retiree. "It's not like we're 30 and we can recoup."
What happens when I try to figure out how to make my retirement account less horrible for the climate.