Browsing: Retirement
Millennials and Gen Z are skeptical of traditional financial advice. Here’s how to reach them
When it comes to traditional financial advice and markers of success, millennials and Gen Z are a skeptical bunch. But…
A record 4.1 million Americans may retire this year: Financial planners say they should take these 5 steps
The so-called silver tsunami of retirees is beginning to crest this year, as a record-high 4.1 million Americans turn 65…
Social Security is doing a little better. But it still won’t be able to pay full benefits by 2033
A strong labor market has improved the outlook for Social Security and Medicare, two of the most important social programs…
Baby boomers are losing their life savings to phone scammers claiming to provide tech support, authorities say
Scammers stole more than $3.4 billion from older Americans last year, according to an FBI report released Tuesday that shows a rise…
‘High-status’ millennials are richer than boomers were at the same age. The rest aren’t so lucky
Millennials and baby boomers have been positioned as generational contrasts: One benefitted from a period of unprecedented economic growth and…
About one-quarter of U.S. adults age 50 and older who are not yet retired say they expect to never retire…
Biden administration’s ‘common sense’ retirement rule could save workers $5 billion a year
When you’re looking to an investment advisor to help roll over your 401(k), you might assume the one you choose…
Florida has long been top of mind for people considering where to spend their golden years: Nearly 12% of retirees…
How 3 baby boomers are approaching phased retirement, the ‘mega-trend’ reshaping workplaces
Retirement is a source of anxiety for many Americans, with older employees worried about being forced out of work before…
$1.46 million? $3 million? Financial experts say there’s no such thing as a single ‘magic’ retirement number
The latest “magic” retirement number is $1.46 million, according to Northwestern Mutual’s 2024 Planning and Progress Study. That figure has…