With younger generations facing higher housing costs and a tricky job market, many are living at home.
Even with the S&P 500 up more than 20% in 2023, investors can still harvest tax losses.
Morningstar says retired workers can now safely withdraw 4% a year, up slightly from a 2022 analysis.
Workers are increasingly concerned about potential cuts to Social Security benefits in the coming decade.
Almost half of affluent investors in the U.S. say inflation is “killing their dreams of retirement” in a recent survey.
The IRS pushed back the date when higher earners will have to direct some contributions to a Roth account.
The saving needs to start at the age of 25 for any hope to have at least $1 million for retirement.
The percent of pre-retirement income that Social Security replaces can vary greatly.
The tally of seven-figure retirement accounts at Fidelity is climbing as stocks bounce back after falling in 2022.
A new analysis shows the cuts Americans could see to Social Security benefits in 2033.
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