Consumer News Are You Putting Off Saving For Retirement

Are You Saving Too Much for Retirement? Know These Surprising Downsides

Saving can be intoxicating. Watching the balance grow and compound can make you want to save more. It could also cause you to think twice before you spend, if it means you can funnel more money into ... Read More

Here’s How Many Americans Are Actually on Track To Maintain Their Lifestyle in Retirement—Are You One of Them?

Not even half of workers are on track to maintain their current lifestyle in retirement. Retirement preparedness differs by generation—and the results may surprise you. Read More

What is ‘revenge saving’ (and should you be doing it)?

Hayes isn’t an outlier. She’s part of a subset of Americans shifting their focus from spending to super-saving — a trend known as “revenge saving.” “Revenge saving” translates to saving very ... Read More

Most Americans are falling behind in saving for retirement. Here’s how they can make up the difference.

The majority of Americans won’t have enough money to retire and maintain their current lifestyle, forcing them to either cut their spending or work longer to make ends meet. According to a new ... Read More

How Much Do Most People Save for Retirement? Find Out If You're Above or Below Average

One generation tops the list for both highest retirement account balances and largest percentage of income contributed. See where you fall and if you need to save more. Read More

Average Spending by Age for Those 55 and Up: How Do You Stack Up?

Everybody has their own number for how much they’ll spend in retirement. See if yours is in line with the averages. Read More

Pay Down Debt or Save for Retirement? What Financial Experts Actually Recommend

A financial planner reveals the exact percentage to save while tackling debt — plus when to prioritize one over the other. Read More

I'm a Financial Planner: If You're Within 10 Years of Retiring, Do This Today

Many people planned their most recent vacation better than they're planning for retirement. That's because planning a vacation is fun. The numerous details involved in making sure you're fully ... Read More

Why your financial planner might tell you to NOT pay off your mortgage

That said, holding onto home debt isn’t always the optimal plan. If you’ve got a high-interest mortgage and enough cash to pay it off early, your financial planner might give you the green light. It ... Read More

The retirement scorecard: Average savings by age group

Few financial topics cause more anxiety than retirement savings. It's easy to understand why: The size of a person's nest egg is arguably the greatest factor in determining the quality of their ... Read More

Can You Retire a Millionaire by Investing Just $10 a Day? The Answer Is Yes -- Here's the Math

Contrary to a common assumption, you don't need to start with a bunch of seed money to make fortune in the stock market. Read More