"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."

The past month has been a “buckle up” moment for investors nearing retirement.

Income growth is continuing to propel the U.S. economy. But whether consumers keep spending into next year could depend on where they are on the income scale.

Incomes are up, consumption is up too — but the personal savings rate is down to 3.4%.

American workers now expect to retire at a younger age than they did before the pandemic. But what kind of retirement will it be?

Meanwhile, its competitors are doing pretty well, including Walmart, where groceries account for 60% of sales.

We’ve spent the $2.1 trillion that two San Francisco Fed economists say we saved during the pandemic.

If interest rates fall, expect savings rates to do the same.

People in the U.S. saved an estimated $2.1 trillion at one point in the pandemic. By some estimates, that money’s pretty much gone.

The average 401(k) balance is a tenth of what a middle-class person would need to maintain their lifestyle, one expert says.