Financial planning in your 40s puts you in a sweet spot. Your earning potential is often at its peak, and you still have a significant runway for your investments to compound. The biggest mistake at ...

According to a new survey by brokerage Charles Schwab, 57% of U.S. 401(k) plan participants admitted that inflation is a top obstacle to enjoying a comfortable retirement. The survey also found that ...

The average 401(k) balance for people in their 40s is $407,675, while the median is $162,143. For people in their 50s, the balance jumps to $622,566 and $251,758, respectively. Thoughtful retirement ...

When it comes to planning for retirement, much of the focus is on having enough money for housing, health care, and day-to-day expenses. But what about passions? Whether it's traveling the world, ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Most people dream of spending their retirement savings on relaxing, enriching and gratifying activities. Few, if any, dream of using their retirement savings to pay unnecessary taxes. Yet those who ...

You can stress test your retirement plan, just as your doctor can challenge your heart function or a bank can run scenarios that might cause it to fail. A retirement plan is only as good as its ...

Australians who begin planning for retirement early enjoy greater comfort and financial security, according to new research ...

Rob and Kathleen Sable know the value of careful planning. After nearly four decades running their dental practice in metro Atlanta, the couple sold the business in 2024 and stepped into retirement ...

Discover how 401(k) balances in your 40s and 50s stack up and learn smart strategies to grow savings, such as catch-up contributions and Health Savings Accounts (HSAs).