Retire

New Vanguard data released Thursday shows that 401(k) balances plummeted in 2022, primarily due to the "decrease in equity and bond markets" over the year.

Most financial professionals recommend you contribute your bonuses to your 401(k). But many Americans don’t get bonuses or have 401(k)s. Here’s what you can do.

High inflation and rising costs are why 80% of households with adults over the age of 60 — or 47 million households — were found to be at risk of falling into economic insecurity, a recent National Council on Aging (NCOA) survey said.

Retirement and 401(k) savings posted an increase in this year's first quarter, with Generation Z and Baby Boomers leading the way, according to a recent study from Fidelity Investments.

Automatic enrollment into a workplace savings plan could help close the gap for Black and Latino employees that might otherwise have lower plan participation rates, according to a recent Voya Financial study

Sen. Mike Braun, R-Ind., explains how Democrats' excessive spending and debt ceiling stalemate means Americans' retirements are "now in jeopardy" by not producing the best return.

Saving for retirement early can have lots of benefits for young professionals in their 20s. Being able to retire earlier or with more money is just one example.

Most Americans (88%) said it is critical to have another source of guaranteed income beyond Social Security benefits to have a comfortable retirement, according to a recent Allianz Life survey.

Fidelity's total assets in health savings accounts (HSA) totaled more than $16 billion. But even as savings increase, some consumers are practicing dangerous financial habits to pay for healthcare.

Almost half of Americans have withdrawn funds from their 401(k) plans after leaving jobs, with some completely draining their balances. But doing so before reaching retirement age can trigger taxes and penalties. Here’s what you need to know.

A panel of experts at the Milken Institute's 2023 Global Conference discussed how advances in fintech and AI tools have led to innovative approaches to boosting retirement savings.

Financial struggles are the biggest drivers of stress among Americans, according to a survey by Clever Real Estate. More than half of respondents said they’re stressed about inflation and not having enough money to save for retirement.

A new study by financial services giant TIAA found inflation forced 1 in 4 Americans to slash the amount they were saving for retirement last year, adding to a mounting crisis.

The average American has a 78% chance of covering estimated retirement expenses in a down market, according to Fidelity's 2023 Retirement Savings Assessment. Here’s what you need to know.

The Social Security cost-of-living adjustment could be 3% in 2024, a big drop from last year, amid signs that high inflation is beginning to moderate.

More than half of survey respondents said the latest increase to Social Security benefits doesn't adequately cover rising costs. As inflation rises, the increase in spending exceeded the latest 8.7% COLA adjustment.

A new Vanguard report showed an increasing number of American workers participating in retirement plans and saving more money, but Gen Z is "better prepared" than the rest.

Social Security funds face a long-term financial crunch that could mean some benefits get cut sooner for retirees, according to a recent government report.

The Social Security "escape clause" from the debt limit enacted by Congress in 1996 prohibits the disinvestment of the Social Security trust funds for any purpose other than the payment of benefits, according to a Concord Coalition report.

Self-directed retirement plan balances as well as balances for 401(k)s, 403(b)s and individual retirement accounts (IRA)s increased at the end of 2022, despite year-over-year losses.