Gen X strikes a balance between retirement and caring for aging parents Caring for parents and children can be a balance. But with a positive, proactive approach, navigating these requirements while planning for a secure retirement doesn’t have to be a high-wire act.
Retire well What makes for retiring well? For most Americans, it's affording experiences that bring joy (68%) and enjoying a high quality of life (49%), balanced by the security of reaching savings milestones (68%), according to Empower research.
School rules: College savings can help fund your retirement 2024 brings the option to roll money from a 529 college savings plan into a Roth IRA. Check out the requirements and when this could make sense for you.
Making COLA go further for retirees in a mixed economy The Social Security Administration's recent announcement of a 2.5% Cost of Living Adjustment (COLA) increase for 2025 may come as welcome news for retirees.
Home sweet home: A majority of Americans want to age in place The U.S. is approaching a big demographic shift, and it’s already starting to reshape how people think about living as they grow older.
How much should I save for retirement? It might be the most common question asked by retirement savers: How much money do I need to save for retirement?
How $500, $5,000 or $50,000 can power your financial future Check out these strategies to make the most of your money whether you’re looking at a windfall of $500, $5,000, $50,000 – or anywhere in between.
Retirement plan withdrawals Whether you’re getting ready to retire or considering a pre-retirement withdrawal, it’s important to understand the rules for each withdrawal type.
What is a 401(k)? The 401(k) is a common workplace retirement plan that gives employees the opportunity to invest for retirement in a tax-advantaged way. Learn how it can serve as a pillar of wealth building.
To collect or not to collect: Does waiting for a bigger Social Security benefit pay off? For many retired Americans, Social Security may be their primary source of income — so deciding when the timing may be right to start receiving benefits to maximize that income can be a big decision.
The unretirement surge: Boomers and Gen Xers are heading back to work Some Boomers and Gen Xers are heading back to work, part of a new "unretirement" trend that is reshaping workplaces and personal finances.
Roth IRA investment returns: How to grow your wealth for retirement With tax benefits, a Roth IRA has the potential to grow your money exponentially for retirement. Let's explore how these accounts work, what return you can expect, and how to maximize your account.