Many Americans are still failing to sock away enough money to pay for retirement -- or emergencies for that matter, according to a survey. Only half of respondents reported good savings habits, including having a spending and/or saving plan in place.
Everyone has things they want to improve about their financial lives -- and we in the AOL newsroom are no exceptions. So we asked money expert Jean Chatzky for advice on how to reach our goals. Today: A real estate editor who wants to save more and owe less.
You can put off cleaning the bathroom or mowing the lawn without severe problems. But waiting to increase your retirement account contributions could have serious consequences. Don't let these excuses keep you from upping your 401(k) contributions now.
The experts have a host of different opinions about how much you should save for retirement, and all of that conflicting advice is part of the reason why only 58 percent of us are saving for retirement at all. But let us let you in on a little secret ...
There's an old saying about making money that "the first million is the hardest." And while you may laugh at that, it's actually instructive to examine what it takes to reach that milestone, and even more interesting to see how quickly you can get to $2 million mark.
Younger Americans in their late 30s are now the group most likely to doubt they will be financially secure after retirement, a major shift from three years ago when baby boomers nearing retirement age expressed the greatest worry.
Nearly half of Americans die with virtually no financial assets left, a new study reports. But is that always such a bad thing? Consider a financial life in which you amass exactly the amount of money you need, and run out of cash the day you die.
Between battles over Social Security, disappearing pensions, and faltering 401(k)s, the path to a secure retirement is tenuous at best. And for many of us, there will be an extra complication: facing old age solo.
One of the hardest decisions parents have to make is whether to put money toward their kids' college educations or toward their own retirement. But as emotionally charged as it may be, the answer is a no-brainer.
The average Gen Xer is on track to face $1,700 a month income gap in retirement. The average baby boomers will fall a whopping $2,100 a month short. Those may sound like insurmountable numbers, but don't throw in the towel yet.
Couples retiring this year can expect their medical bills throughout retirement to cost 4 percent more than those who retired a year ago, according to an annual projection released Wednesday by Fidelity Investments.
Recent government reports confirm that Social Security's finances are still falling apart, and apparently they're getting worse at an ever-faster pace. That shouldn't come as a surprise, and you need to prepare.
Generations of Americans are facing threadbare finances in retirement: Judging by what people say they expect to spend versus what they expect to take in, the disparity between income and expenses will be severe.
One in five Americans plans to retire before age 65, according to a new study, and they're not just the ultra-wealthy. There's hope for everyone to bail out of the daily grind before age 65, if they adopt the behaviors and attitudes of these savers.
In these tough times, why would anyone pass up money for nothing? Inquiring minds at FINRA want to know -- because many of us are. According to research by Aon Hewitt, nearly 30% of 401(k) participants are not contributing enough to scoop up their full employer match.