Cost of living hinders younger generations from saving for retirement: Fidelity
Fidelity Investment's annual State of Retirement study found that over half of Millennials and Gen Z think saving for retirement will be harder in comparison to their parents.
401(k)s vs pension plans: What's the difference?
Pension plans and 401(k) plans can both help workers during their retirement years. While once commonplace, pensions have largely been replaced by 401(k)s in the private sector.
Some Americans will receive a second Social Security check this week
Social Security recipients will receive two checks this week, but it doesn't mean retirees are receiving extra money — it's due to a quirk in the system.
401(k) plans include these hidden benefits you need to know about
Uncover the hidden advantages of a 401(k) beyond savings. From employer matches to tax efficiency and creditor protection, maximize your retirement strategy.
Retired nurse faces ‘difficult’ reality of returning back to work to make ends meet
Retired nurse Joyce Fleming details why she decided to return to the workforce, pointing to high prices and shrinking savings on 'Fox & Friends.'
This is critical for 'thriving' in retirement, personal finance expert says
Personal finance expert Jade Warshaw discusses the importance of planning for retirement beyond relying solely on Social Security.
Love and money: Big chunk of US couples admit to fighting about finances
A study released Thursday found a significant percentage of American couples admit they argue about money at least occasionally, and more than 1 in 4 said it is their biggest fight.
This is the best time to give money to your kids, according to ‘Die with Zero’ author Bill Perkins
'Die With Zero' author Bill Perkins discusses the best time to spend your money and leave it to your kids.
Gen Z is worried they’ll never retire, but more save for retirement than any other generation
Gen Zers don't think they'll ever retire. Nearly a quarter of Gen Z believe they won't ever be able to retire.
Seniors say 2024 Social Security payment increase not enough to keep up with inflation: survey
As seniors deal with rising inflation, some consider rejoining the workforce to deal with rising costs.
Americans are feeling more optimistic about the future of Social Security: survey
More Americans expect to get their Social Security benefits when they retire – in three prior readings, non-retirees were more inclined to predict they would not receive their benefits, a recent Gallup survey said.
'Career cushioning,' latest workplace trend, has employees trying to protect themselves heading into 2024
A workplace trend known as "career cushioning" has employees setting up Plan B initiatives — so that if they're downsized by their companies, they're prepared for it. Here's what to know.
In viral career trend 'shift shock,' employees find their new job not up to expectations
A viral career trend known as "shift shock" has emerged in which workers determine the new job they've taken is not what they expected. Here's more about today's unhappy employees.
Gen X advised to ‘stop spending’ due to largest wealth gap of any generation
Move over, baby boomers and millennials: Gen X is reportedly furthest away from their retirement expectations, and economist John Lonski tells them to cut back on spending.
Higher contribution limits are coming for 401(k)s and IRAs next year
The IRS earlier this year lifted the amount that workers can set aside for retirement in their 401(k), IRA and other tax-deferred plans beginning in 2024.
Americans are yanking money out of their retirement savings to cover bills
More Americans are making hardship withdrawals from their 401(k) retirement plans to cover emergency expenses as they struggle with chronic inflation.
Saving money: You should start planning for your kids as early as birth, but the dollar amount is debatable
While putting aside money for your children is important, it's just as vital to teach them saving habits they can take with them into adulthood.
Pension plans: The reasons behind the decline of fund contributions in today's job market
FOX Business is exploring the disappearance of pension plans in the contemporary job market. The reasons for the scarcity are due to the rise in individual retirement needs.
More families lost faith in 'American dream' in last 5 years: study
More than two in five Americans who responded to MassMutual's State of the American Family survey said that financial security and the American dream is out of reach.
Michigan man wins big bucks on $1 ticket in state's lottery jackpot
A 38-year-old resident from Wayne County, Michigan, dropped his coffee in shock after learning that he would be taking home the jackpot worth $472,295 from the state lottery.