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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.
A new Vanguard study says 401(k)s aren’t enough for many people to retire, and that the top 20% of earners get 44% of employer contributions.
Steve Christo runs a custom boot shop in Virginia. “I thought, ‘If I can build nuclear detectors, I should be able to make a boot,'” he said.
The Biden administration’s rule overhauls requirements for retirement plan advisers to act in the interests of clients.