Retirement News & Analysis

As you approach retirement, ensuring that your hard-earned savings and Social Security benefits are optimized is crucial for maintaining a comfortable lifestyle, as well as ensuring you also don’t run out of money in retirement (most people’s worst nightmare). Today, let’s take a look at a common scenario in America of someone who is 65, […]

The post I’m 65 and about to retire with $1.8M in savings and Social Security benefits — how do I maximize my monthly income? appeared first on 24/7 Wall St..

24/7 Insights This individual is looking to retire around 65. They are considering adding money to a deferred compensation plan. The challenge is that the plan and the company has to survive another 25 years. Also: Are You On Track to Retire? Take This Quiz and Find Out (Sponsored) There are many prevailing theories about […]

The post I’m 40 and have socked away $3 million in post-tax retirement accounts – should I put another $500k into a deferred compensation? appeared first on 24/7 Wall St..

With the plans, workers are automatically enrolled and contribute through payroll deductions. The goal is to help more Americans save for retirement.

HSAs have been infected with the investing bug. That’s healthy news for Americans saving for health care costs in retirement.
The post Investing Gains Clout With Health Savings Account Holders appeared first on Investor's Business Daily.

HSAs are powerful tools to build your financial future. An HSA investment for retirement savers can reap big tax benefits and investment growth.
The post HSA Investment: Misunderstood And Underused, HSAs Deliver For Smart Savers appeared first on Inves…

Make the most of your health savings account. This list spotlights HSAs with a winning combination of low fees, quality investment options and low investment minimums.
The post IBD's Best HSA Accounts For 2025: How To Find The Right One For Your …

Even before the economic upheavals caused by rampant inflation, retirement savings among millennials were lagging at a pace behind boomers when they were the same age. Big data-powered targeted marketing on our smartphones, laptops, and entertainment media viewing is designed to extract more spending from every man, woman, and child, and has been very successful […]

The post The typical millennial is staring directly at a $1.5 million “shortfall” in their retirement goals appeared first on 24/7 Wall St..

The SECURE Act 2.0 allows 60 to 63-year-olds to save more in certain retirement accounts.

Bonds have kept pace with stocks throughout U.S. market history.

If you’re only worrying about your finances, you may be missing the most important ingredient for a good retirement.

Many people dream of a relaxing retirement with travel, hobbies, and spending time with family. But turning that dream into a reality requires careful financial planning. It isn’t odd for those planning for retirement to look for specific benchmarks, such as how much they should have saved at 50. While reaching a specific savings goal […]

The post This Is How Much You Should Have Saved for Retirement by Age 50 appeared first on 24/7 Wall St..

There’s an abundance of advice on how to save for retirement and where to put your money while you’re young, but once you hit retirement age, what do you do with all that money you put away? This is one question a user on r/ChubbyFIRE had for the community. This is a community for people […]

The post I’m 55 years old with $300k in investments and not sure what to do with it or how to use it effectively appeared first on 24/7 Wall St..

“Mr. Shiffman’s retirement is not the result of any disagreement with the Company on any matter relating to its operations, policies or practices,” Sun Communities said in a filing.

Most baby boomers out there are spending a disproportionate amount of time thinking about retirement. That makes sense, given the fact that many are nearing (with plenty already in) retirement. And with roughly 10,000 baby boomers entering retirement on a daily basis until 2029, it’s becoming clear that discussing the issues pertaining to this particular […]

The post 3 Social Security Changes Every Baby Boomer Needs to Know About appeared first on 24/7 Wall St..

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. 24/7 Wall St. Inheritance can be easy to rely upon, but it is never certain. It’s best to approach it as a bonus, not as the bulk of your financial plans. Long-term […]

The post My parents have $6 million in the stock market and I anticipate on inheriting half of it – how do I factor this into my retirement plans? appeared first on 24/7 Wall St..

The devastating inflation of the past four years has created a hand-to-mouth economic scenario for millions of Americans. The dearth of savings ability, due to escalated prices of essentials, has led to crushingly high credit card debt levels for many, with credit card debt overhang averaging over $20,000 per person. Retirement saving is a consideration […]

The post If your family brings in $100k per year, this is how much you need saved for retirement by age 40 appeared first on 24/7 Wall St..

While getting to retirement age can be a blessing and a curse, the reality of counting on the U.S. government to provide for your needs is not the best idea. The full retirement age is 66 if you were born between 1943 and 1954. The full retirement age increases gradually if you were born between […]

The post 6 Dividend ETFs Every Retiree Should Know appeared first on 24/7 Wall St..

Here are five top stocks baby boomers can buy and hold forever as they always pay dependable dividends on a timely quarterly basis.

The post 5 Trusted Retirement Passive Income Dividend Stocks Every Baby Boomer Should Own appeared first on 24/7 Wall St..

The average retirement savings among 35–44-year-olds is $131,950. In comparison, the average savings of people 75 or older is $357,920. The average shouldn’t be your goal. It is crucial to take into account your lifestyle, your current salary, and the future market volatility. #1 Retirement Goals Retirement savings goals can feel intimidating to guess correctly. […]

The post Over 40? This Is How Much You Should Have in the Bank appeared first on 24/7 Wall St..

One of the hardest parts of retiring isn’t actually saving for retirement – it’s actually retiring. Many people get a lot of their meaning from their career, and when it’s time to leave it, they suddenly realize that they don’t want to. For instance, I came across a similar situation in a recent Reddit post. This Redditor, […]

The post I’m 48 with a $4.5 million net worth and am ready to retire soon – but I’m struggling with departing my meaningful job appeared first on 24/7 Wall St..

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. 24/7 Wall St. : For those investing outside of tax-advantaged accounts for retirement, considering how to handle taxes on capital gains is an important step of planning. There are several strategies that can […]

The post I’m 55 with $2.5 million in Apple stock that I bought 30 years ago and now it’s all capital gains – can I use these funds for the first 5 years of my retirement? appeared first on 24/7 Wall St..

24/7 Insights You must balance your spending while retired. How much you spend your first year of retirement can set the stage for the future. You want to make sure you have money set aside for emergencies. Also: Are You On Track to Retire? Take This Quiz and Find Out (Sponsored) When it comes to […]

The post Only 1 in 5 Americans Plan to Spend Less in Their First Year of Retirement – Here’s Why That’s Risky appeared first on 24/7 Wall St..

Well-known as the “Oracle of Omaha”, Warren Buffett knows a thing or two about money. This legendary investor has been at work for decades, making him one of the world’s wealthiest individuals with a net worth of $135 billion. However, Buffett’s philosophies extend far beyond just personal wealth. (These are the best dividend stocks to […]

The post Warren Buffett’s Blueprint for a Successful Retirement appeared first on 24/7 Wall St..

Reeves’ Mansion House speech will push for faster integration of council retirement schemes

Couples in the fast track who earn enough to live a comfortable and luxurious lifestyle without any typical expense worries, like a mortgage or car payment, may be subject to burn-out prior to retirement age. In order to walk away, a nest-egg safety net that will generate sufficient annual income to cover their necessities and, […]

The post We’re in our 50’s and make $500k a year but are getting burnt out with corporate life – how do we get our finances in order to retire? appeared first on 24/7 Wall St..

Raygun, whose real name is Rachael Gunn, appeared onstage with Australian singer Tones and I at a concert in Melbourne.

“I want to have $6,000 a month in cash to live comfortably and travel upon retirement.”

24/7 Insights The most stressful life events for humans get more serious the older we get. Many people don’t have the same resources or help to deal with problems in retirement. Download our free report on the two stocks we recommend for every investor. Life doesn’t stop at retirement. Hopefully, there is plenty of life […]

The post Baby Boomers Aren’t Prepared for These Retirement Stressors appeared first on 24/7 Wall St..

With approximately over 10,000 individuals retiring daily, baby boomers are increasingly reviewing their retirement planning goals. For each individual or couple entering or nearing retirement, the overall passive income goal needed to supplement one’s retirement income may vary. However, with the average social security payment coming in at around $1,900 per month (according to 2024 […]

The post Baby Boomers: Here’s What You’d Need to Invest to Generate $50,000 a Year In Retirement appeared first on 24/7 Wall St..

When couples under age 40 get married, planning for retirement, burial plots, long-term healthcare and other issues dealing with advanced age are often put on the backburner or are conveniently delayed until it’s too late. What can exacerbate the awkwardness of even approaching the topic are unequal individual pre-marriage net worths. Among the pro and […]

The post My husband makes 4-times as much money I do, and I’m afraid of being treated unfairly when we retire appeared first on 24/7 Wall St..

Congress may have more impact than the president when it comes to retirement.

Recommended by top retirement consultants, five simple strategies can make a world of difference for baby boomers in their golden years.

The post Baby Boomers Are Using These Simple Strategies to Guarantee Retirement Security appeared first on 24/7 Wall St..

The president-elect made some appealing promises to older Americans.

24/7 Wall St. Insights An estimated 28 million Americans relocated to a new home in 2022, and retirement age adults accounted for nearly one in four of those moves. The reasons older Americans decide to move to a new home often differ from the factors that motivate younger age groups — and as a result, […]

The post Thousands of Retirees Are Flooding Into These Sections of America appeared first on 24/7 Wall St..

24/7 Wall St. Key Takeaways: When you plan to retire early, having a bridge account is important. This account acts as the “bridge” between early retirement and the accessibility of tax-advantaged accounts. Striking a balance between these two accounts is important. You don’t want to choose just one or the other. Also: Take this quiz to […]

The post I’ve been maxing out my retirement accounts – but is it actually hurting my early retirement goals? appeared first on 24/7 Wall St..

Economic conditions for Americans over the last four years have been challenging, to say the least. Inflation, struggling small business and employment rates, higher taxes, and a litany of other problems have become major issues for the bulk of Americans. Northwestern Mutual conducts an annual survey, The Planning and Progress Study, that explores the attitudes, […]

The post Americans Who Do This Have Saved Twice as Much for Retirement Than Those You Don’t appeared first on 24/7 Wall St..