Consumer News Are You Putting Off Saving For Retirement

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

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

Are you ready for retirement? The Motley Fool's latest research may alarm you

But as millions of us march closer to retiring every day, there's danger afoot, as was revealed in a recent Motley Fool research report on Americans' readiness for retirement. Here's a look at some of ... Read More

Forget the 4% Rule. Here’s What Dave Ramsey Says You Should Do With Your Retirement Savings

A lot of people think saving money for retirement is the hard part. Some actual retirees might tell you that’s the easy part. The hard part, rather, comes when it’s time to start withdrawing from your ... 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

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

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

My mom is 50 years old and only has $15,000 saved for retirement. How can I get her on the right track?

Let’s say your mom is 50 years old, makes $45,000 a year, has only $15,000 saved and no IRA or 401 (k) accounts. She’s obviously not on track to hit the above target. Read More