A few years ago, we and our friends talked a lot about our ailing parents. Now we talk about when it will be our turn.
If you're looking for ways to boost your retirement savings, you have options. For example: Start saving and investing early. Get out of high-interest-rate debt before investing for retirement. Try not to borrow from retirement accounts. But here's a retirement savings move I think is particularly powerful: Make good use of a Roth IRA.
Doctors, lawyers and accountants have 401(k) plans. But many have another retirement-saving weapon, too. It is called a cash balance plan, and it lets people save up to about $3.6 million on top of a 401(k)—while deferring taxes in much the same way.
Many investors don't plan for future taxes when contributing to traditional IRAs. Here are the key things to know.
A NerdWallet survey, conducted online by The Harris Poll in October 2024, found that just 23% of Americans had evaluated their progress toward retirement savings goals in the prior 12 months. To check in on how you’re doing, the first step is likely figuring out what number you’re aiming for.
In a recent episode of Decoding Retirement, Wharton professor Olivia Mitchell discusses her research into what older adults regret.
Although saving and investing for retirement looks different for everyone, the end goal is typically the same for most people: ensure you have enough saved to have as financially stress-free of a retirement as possible.
The rise of "micro-retirement" among Gen Zers signals a clear shift in their career priorities and expectations.
Don't let tariffs jeopardize your retirement. Here are specific risks associated with tariffs and how to safeguard against them.