retirement savings

Many retirees spend years worrying about running out of money. But financial advisors say another risk often goes unnoticed. Some retirees spend too little and fail to fully enjoy retirement. "Overspending is risky. But underspending is risky too," financial advisor Zach Teutsch told CNBC, arguing...

In light of the escalating inflation and the ongoing Iran war, a significant rise in Social Security’s cost-of-living adjustment (COLA) is expected in 2027. The Senior Citizens League now expects the 2027 Social Security COLA to rise 3.9%, up from its earlier 2.8% forecast, but warned higher...

Two million dollars might sound like an iron-clad nest egg, but where you spend your golden years can make it evaporate or endure for decades. What Happened: A new GOBankingRates study finds the same bankroll plus average Social Security checks would last 72 years in West Virginia, yet only 23...

Bitcoin (CRYPTO: BTC) has been on a record-breaking run since Donald Trump was elected president earlier this month. The leading cryptocurrency has been hitting new all-time highs practically every day, with the latest upswing pushing it beyond $94,000 for the first time. Interestingly, the bullish...

A few generations ago, if you were in your 50s, you were likely on the downhill slide to retirement, with most big financial decisions in the rearview mirror. But Americans are living and working longer, and a 50-something may have nearly half a life ahead. Fifty-somethings are likely in their peak...

Retirement planning can seem like a daunting task, but there are measures you can take along the way to help you get on the right path. Below you’ll find four steps that can help as you assess your retirement plan.   1. Consider Your Income Streams Two types of income streams to consider...

We need to talk about retirement. And yes, we know it's the last thing you want to think about right now, but while you have time on your side, you could benefit from getting started now. Here's the truth: By the time Gen Y is set to retire, your nest egg will need to be anywhere from $1.8...

If you’re just beginning your career, you might have prioritized paying off college debt and building emergency savings rather than retirement. Ironically, though, retirement is one of the first things you should consider. If your job has an employer-sponsored retirement plan, it can pay to...

Penny for your thoughts on whether putting your retirement savings into bitcoin, the hot but crazy-volatile cryptocurrency, is worth risking a nest egg. Some people are more than convinced. BitcoinIRA launched last year and Chief Operating Officer Chris Kline tells CNBC the company is doing roughly...

A survey commissioned by Experian plc (ADR) (OTC: EXPGY), Get Rich Slowly and other personal finance blogs asked Americans if they are on track to comfortably retire. A recap of survey was posted on Get Rich Slowly and showed a concerning 71 percent of Americans are behind on their retirement...

Because of the economic environment, concerns over depleting federal aid and forecasts of insufficient funds for future generations, saving for retirement is one of the most pressing financial concerns for many Americans in every age demographic. While saving for your later years has been...

E*TRADE Financial Corp (NASDAQ: ETFC) recently spoke with Benzinga and shared some as-of-yet uncirculated data and tips from its senior vice president of retirement, investing and savings, Lena Haas, regarding the disparity between investor sentiment and action in regards to retirement. Each...

Can you successfully retire on $1 million? That question has been picked up by the blogosphere recently, following a recent USA Today report that suggests $1 million still may not be enough to see most retirees through their “golden years.” The report by Rodney Brooks points to several factors...