Gen Z retirement savings

Out Of 48M Retirement Accounts Analyzed, Only 497K Have $1M—Financial Expert Shares How To Reach That

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Out Of 48M Retirement Accounts Analyzed, Only 497K Have M—Financial Expert Shares How To Reach That

With retirement savings on the rise, reaching a million-dollar balance is becoming more attainable for many. According to a recent analysis by Fidelity of over 48 million retirement accounts, including IRAs, 401(k)s, and 403(b)s, the number of individuals with million-dollar 401(k) balances has surged to a record high. In the second quarter of 2024 alone, … Read more

1 in 5 Americans Over 65 Return To Work After Savings Dwindle; How Much Do You Actually Need To Retire?

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1 in 5 Americans Over 65 Return To Work After Savings Dwindle; How Much Do You Actually Need To Retire?

Pressured by rising living costs in the US, at least one in five older Americans on fixed incomes are forced to consider returning to work. While some retirees may choose to re-enter the workforce for social reasons, many are driven by financial necessity. According to a Pew Research Center report, nearly one in five Americans … Read more