This one assumption could make you run out of money in retirement
Planning for retirement means planning long term and to do that, even tiny errors can make a huge difference. Here's one assumption that can put you on the wrong path.
The No. 1 fatal error that will end your IRA
The tax rules that apply when you attempt to roll over your IRA funds are all complicated, and some are rigid and unforgiving. Violating one can be fatal, and costly.
80% of Americans are dealing with a cost of living creep
Housing prices, grocery prices and other everyday expenses are rising, leaving a majority of Americans unable to deal with spikes in costs.
Americans are saving more for retirement, but they're nowhere near the 'magic number'
A new Vanguard report shows that Americans are saving more money for retirement, but it's nowhere near the "magic figure" needed to retire comfortably.
Retirement crisis looms as women's savings just one-third of men's: report
Women in the U.S. are facing a potential retirement crisis, with a new survey of 55- to 75-year-old Americans finding that women's savings amount to just one-third of men's.
More retirees consider returning to work as high inflation squeezes
While Social Security recipients received a 3.2% cost-of-living adjustment in 2024, retirees say they are still struggling financially, a new survey shows.
Americans retirement outlook improves despite inflation: survey
The majority of workers and 74% of retirees believed they will have enough money to live comfortably throughout retirement, according to the The Employee Benefit Research Institute and Greenwald Research survey.
These are the states with the highest jump in older workers as share of retirees falls in US
An aging population and steep cost-of-living increases contribute to a large portion of retirement-age Americans remaining in the workforce, and some states have seen major jumps.
Social Security recipients will get one less payment in June – here's why
Some Social Security recipients will miss a payment in June, but it doesn't mean retirees are receiving less money — it's due to a quirk in the system.
Biden is turning the American dream of retirement into a nightmare
Biden has proposed a 45% tax on capital gains, allegedly on "greedy" billionaires, but 12.5 million Americans – mostly middle class – pay this tax on their retirement savings.
Stuart Varney: Baby boomers are now the targets of the socialists
FOX Business' Stuart Varney examines why baby boomers are holding onto their wealth instead of spending it, and how that effects younger generations who are dealing with inflation.
Retirement account balances hit highest level since 2021
A new analysis by Fidelity Investments found Americans' retirement account balances are the highest they have been in more than two years, thanks to two major factors.
Retirees forced to return to work as inflation eats into savings: 'It's just not enough'
Joyce Fleming and Greg Piazza, two retirees who returned to the workforce due to high living costs, opened up on how inflation has hampered their golden years.
High inflation is changing the way Americans retire
A new study published by Nationwide found that Americans are delaying or even scrapping their retirement plans due to steep interest rates and inflation.
You might get a bigger Social Security check next year. Here's why
The Seniors Citizens League estimates that Social Security beneficiaries could receive a 3% cost-of-living adjustment in 2025 as inflation gains steam.
Most baby boomers heading toward retirement have little saved: study
Baby Boomers in their 60s have little saved for retirement while many Gen Xers have nothing saved.
Expert reveals the secret to setting yourself up for success in retirement
Ramsey Solutions personality Jade Warshaw provides tips on to secure their retirement with Social Security.
Inflation has majority of retirees worried they will outlive their assets
A new study found the vast majority of retired Americans are worried that their savings will not be enough to sustain them through their golden years after years of elevated inflation.
New retirement rule will help protect retirement savings of Americans already struggling to save
Americans getting help from financial planners will appreciate a new rule that makes sure they're getting sound retirement advice.
Some Americans to receive rare second Social Security payment in May
Social Security recipients will receive two checks this month, but it doesn't mean retirees are receiving extra money – it's due to a quirk in the system.