Median 401(k) account balances for Americans in their 30s
People in their 30s may be a long way off from their retirement savings goals, but they have plenty of time to get on track. On average, Americans say they’ll …
Retirement planning
AI voice scam call in movie ‘Thelma’ is a growing threat
Theatrical one-sheet for THELMA, a Magnolia Pictures release. Courtesy: Magnolia Pictures In the movie “Thelma,” 93-year-old Thelma Post receives a frantic call from what sounds like her grandson saying he’s …
This ‘bucket strategy’ could lower your taxes in retirement
Johner Images | Johner Images Royalty-free | Getty Images Many retirees don’t think about taxes until it’s time to withdraw funds from a pretax account, which can be a costly …
Here’s how to avoid romance scams, which cost consumers $1.14 billion last year.
Tolgart | E+ | Getty Images Cybercriminals are targeting wealth accounts by tapping into a victim’s emotions. So-called romance scams involve building a relationship and trust with the victim so …
Here is why Social Security cost-of-living adjustment may be lower in 2025
Eva-katalin | E+ | Getty Images Retirees are still feeling the impact of higher prices. Yet one buffer for the effects of inflation — the Social Security cost-of-living adjustment, or …
Holding too much cash can be a mistake, experts say
Skaman306 | Moment | Getty Images It wasn’t long ago that investors earned practically 0% returns on cash. As the Federal Reserve has kept interest rates high to combat high …
Here’s how to be a retirement ‘super saver’
Hispanolistic | E+ | Getty Images A retirement savings crisis is looming for people who have 401(k) plans and other retirement balances woefully short of what they will need to …
Kyla Scanlon on Gen Z’s divided investing attitudes
Economic commentator Kyla Scanlon is noticing a potentially worrying trend in the investing outlook among younger generations. “It’s a bifurcated world,” she told CNBC’s “ETF Edge” this week. Scanlon, 26, …
Older voters want candidates who will protect Social Security
Joe Biden and Donald Trump Getty Images Voters, ages 50 and up, will have a strong influence on the November election. And politicians who want to win their vote would …
As retirement looms, many Gen Xers are still playing catch-up
Fg Trade | E+ | Getty Images As older members of Generation X inch toward their golden years, the pressure of retirement saving is on — especially for those sandwiched …