Tag: retirement savings

3 Reasons You Should Speak to a Financial Advisor If You’re Planning on Retiring in the Next 5 Years

An AARP survey from January 2024 found that 20% of Americans ages 50+ have no retirement savings. Many also view their financial standing...

If You Have $1 Million in Retirement Savings, Here’s How Much You Could Withdraw Per Year

You’ve hit the million-dollar mark in your retirement savings. Congratulations! But now comes the tricky part: figuring out how much you can safely...

How Much Should You Have in Your Retirement Account at Every Stage of Life?

Age 60: Reduce RiskJohnson said people within five years of retirement — so no later than their early 60s — should begin to...

Can You Guess What Percent Of People Have $500,000 Saved For Retirement? Shockingly, It's Probably Less Than You Think

Dreaming of a comfortable retirement is something most Americans share. But how much cash do you need to make those golden years truly...

Nearly half of young Americans rely on the bank of Mom and Dad to get by — when’s the right time to turn off...

A new report from Bank of America suggests Gen Zers are relying on financial help from Mom and Dad — a “parent trap”...

I Absolutely Prefer a Traditional IRA to a Roth IRA for Retirement Savings. Here's Why.

Are you saving for retirement? If so, then you already know there are plenty of ways to do so. Some of them are...