Common sense would suggest older workers have a much easier time saving than young adults. They are more likely to have already purchased a home, put kids through college and, by that point, are putting more money away for retirement. A recent study by the Transamerica Center for Retirement Studies…

As we run through our daily to-do lists — go to work, attend meetings, battle traffic, get home, spend time with the family, eat dinner, sleep, repeat — retirement might seem like a lifetime away. The clutter and work of the everyday often makes us forget that soon we’ll be…

Married or single, women are finding that taking an active role in their financial futures is critical. About 80% of married women outlive their husbands, and nearly half of all widows say they wish they’d been more involved in managing their finances when their spouse was alive. Whether you have…

According to the United Nations, across the globe, people older than 65 now outnumber children under five for the first time in history. In 1960, the average woman gave birth to five children in her lifetime; by 2017, that ratio had dropped to 2.4 children per woman. Meanwhile, our life…

The number of workers older than 64 has increased threefold since 1989. And while working longer may be a marker of good health for some, it’s a necessity for others who need the income. …

The average 401(k) balance fell by 19% during the first quarter, according to data released Friday by Fidelity Investments. As of the end of March, 401(k) accounts in Fidelity’s record-keeping business held an average of $91,400, down from what was a record of $112,300 at the end of December, the…

The baby boom generation is the demographic engine that has driven U.S. economic growth over the past 50 years. But now, as boomers work less, spend less, retire and draw on retirement funds, that baton is being handed over to Generation X and millennials. The economy is fueled by consumer…

Common sense would suggest older workers have a much easier time saving than young adults. They are more likely to have already purchased a home, put kids through college and, by that point, are putting more money away for retirement. A recent study by the Transamerica Center for Retirement Studies…

As we run through our daily to-do lists — go to work, attend meetings, battle traffic, get home, spend time with the family, eat dinner, sleep, repeat — retirement might seem like a lifetime away. The clutter and work of the everyday often makes us forget that soon we’ll be…