retirement

Caregiving is a growing reality for many Americans, with financial, emotional, and professional impacts that are often long-lasting. As more adults take on the responsibility of caring for loved ones, new data reveals the scale of their challenges. Edward Jones, in partnership with Morning Consult...

Dave Ramsey says a $100 monthly investment can make millionaires, and he's tired of skeptics who claim most savers will die before cashing in. What Happened: During "The Ramsey Show," the personal-finance host dismantled a listener's math, noting that $100 a month compounded at 12% for 40 years...

Kevin O’Leary, a prominent entrepreneur and investor from ABC’s Shark Tank, recently shared his perspective on Social Security and retirement planning. What Happened: O’Leary underscored that Social Security was never meant to be the only income source for retirees. He pointed...

Side hustles aren't just for TikTok teens anymore. Four in 10 retired Americans now fear their nest egg won't carry them through a longer, costlier old age, and many are copying Gen Z's gig-economy playbook to plug the gap, according to a new study. What Happened: A new D.A. Davidson survey reveals...

Two million dollars might sound like an iron-clad nest egg, but where you spend your golden years can make it evaporate or endure for decades. What Happened: A new GOBankingRates study finds the same bankroll plus average Social Security checks would last 72 years in West Virginia, yet only 23...

Northwestern Mutual's 2025 Planning & Progress Study says Americans now peg the comfortable retirement price tag at $1.26 million. The figure stops scrolling thumbs, but it means wildly different things on Main Street. What To Know: For a teacher in Tulsa, it feels cosmic;...

A new federal retirement savings program could boost wealth by up to 12% for eligible Americans, with single women and minorities standing to gain the most, according to a Morningstar report last month. The Saver’s Match program, launching in 2027, will replace the current Saver’s...

Gen X is feeling the squeeze like never before. Stuck between aging parents who need care and kids who still need support, many are finding their finances stretched to the limit. And it's not just about money – time, stress and an uncertain future. Take Erika Gilles, 57, as an example. After her 78...

As the oldest members of Generation X (those born between 1965 and 1980) approach retirement, financial experts warn that many in this group may not be as prepared as they think. Generation X faces unique challenges as they prepare for retired life, from shortfalls in savings to unexpected costs...

Personal finance expert Dave Ramsey, known for his no-nonsense advice, recently shared a caller's story on social media highlighting a financial challenge many Americans face as they approach retirement. At age 59, this caller had no retirement savings but had recently sold a $518,000 home. Once...

Private equity firms are mounting a campaign to access trillions in retirement savings under Trump’s second term, building on regulatory changes from his first administration that opened the door to private investment in professionally managed funds. According to the Financial Times, the $13...

Jan. 1, 2025, marks the first possible birthdate for Generation Beta. It’s also a unique opportunity for financial advisors to guide new parents through comprehensive long-term planning, especially as Prudential Financial’s latest research shows that 58% of current and future parents...

Recent surveys from Nationwide and Fidelity Investments reveal the financial regrets and resolutions that Americans are taking with them into 2025. The data points to significant gaps in financial planning that should reshape how financial advisors approach client relationships in 2025,...

Maximizing savings is at the top of the financial to-do list for most people nearing retirement. For those ages 60-63, the IRS has introduced a "super catch-up" under the SECURE 2.0 Act of 2022, allowing you to maximize retirement savings even further starting in 2025.  Don't Miss: Can you...

New research from Allianz Life reveals significant concerns among Americans about retirement income planning. Nearly half of investors worry about how to take distributions from their retirement plans, while 44% admit they have no retirement income plan at all. These concerns are particularly...