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Financial consultants predict older Americans will pass on $124 trillion, boosted by stocks and real estate, to heirs and charities through 2048.
Research found that average retirement balances were lower for people paying off student loans compared to those who weren’t making the payments.
Last year, just 15% of workers had access to pension plans. Now, unionized workers like the ones at Boeing are negotiating to get them back.
There’s a persistent, widening gap between workers’ gloomy expectations and retirees’ rosy reports in an annual Gallup survey.
American workers now expect to retire at a younger age than they did before the pandemic. But what kind of retirement will it be?
You can take out up to $1,000 without penalty if your employer offers the option, thanks to a recent law.
At Sun City Texas, where the median age is 73, seniors are kicking up their heels and patronizing a variety of nearby businesses.
Social Security benefits are adjusted to protect retirees against inflation, but not enough, according to some experts, advocacy groups and lawmakers.
According to a new survey from BlackRock, only 60% of Gen Xers say they are on track to have enough retirement savings. And time is running out — the oldest of them are reaching retirement age.
The investment company found that its 401(k) holders contributed 7.4% of their earnings in 2023. Automatic enrollment is a factor.