Consumer News Are You Putting Off Saving For Retirement

3 mistakes to avoid when saving for retirement

With a traditional retirement plan, you'll not only pay taxes on gains eventually, but you'll also be forced to take required minimum distributions (RMDs) down the line. Those could leave you paying ... Read More

How People in Their 40s Save for Retirement — And What “On Track” Really Looks Like

Adjust your investment mix: In your 40s, most investors still need a healthy allocation to stocks to reach typical retirement balances. You can “set it and forget it” with a year 2040-2050 target-date ... 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

More Americans are living paycheck to paycheck, putting retirement out of reach, report finds

Many Americans are eager to put money away for retirement, but that goal is increasingly out of reach because more workers are living paycheck to paycheck, a new Goldman Sachs study finds. Roughly 42% ... Read More

3 in 4 Americans Say Debt Is a Barrier to Them Saving More for Retirement

Retirement is something we all want one day. Living a comfortable existence after a lifetime of the daily grind is something we all desire. Unfortunately, most people say that goal is drifting further ... Read More

How Mainers should think about saving for retirement at every life stage

Byrne, a longtime wealth adviser, sees it as a good sign that young adults are thinking more about finances and saving for the future at a time when the long-term sustainability of Social Security is ... Read More

Too many retirees are spending without a plan. Why it matters.

You spend your entire career saving for retirement. Unfortunately, once the time for retirement comes, many people who have diligently saved end up making a major mistake with the money they've put ... Read More

4 Ways to Put an Extra $1,000 into Your Retirement Savings by the End of the Year

There's still plenty of time left to make a 2025 retirement contribution. Don't forget to claim your 401(k) match if you're eligible for one. You can make 2025 IRA contributions until April 15, 2026. Read More

Keep Retirement Savings Safe: Tips

Why are we asking for donations? Why are we asking for donations? This site is free thanks to our community of supporters. Voluntary donations from readers like you keep our news accessible for ... Read More

Trump Accounts Could Provide a 14% Boost in Retirement Savings by 65, New Analysis Finds

Goldman Sachs says new Trump Accounts could add up to $340,000 to retirement savings, but one expert cautions that their complexity may limit appeal. Read More