18% of Americans plan to increase stock market investments this year

Thianchai Sitthikongsak | Moment | Getty Images The stock market’s roller-coaster ride is not inspiring confidence in investors. Still, a small portion do plan to take advantage of recent price dips. About 18% of Americans are willing to put more money into stock market investments this year, including retirement accounts, according to a recent survey … Read more

Are you saving enough for retirement? Odds are, probably not.

Muslianshah Masrie | Photodisc | Getty Images Are you saving enough now for your eventual retirement? The odds are that you probably aren’t. The latest Federal Reserve Survey of Consumer Finances for 2019 found that the median amount of savings in Americans’ retirement accounts was $ 65,000. To say the least, that nest egg will … Read more

House is set to vote on a new retirement bill. What to know

shapecharge | E + | Getty Images Legislation that would improve the retirement savings system for US workers may get a vote in the House of Representatives this week. The House could vote on the Securing a Strong Retirement Act, or Secure Act 2.0, as early as Tuesday. “By expanding automatic enrollment in employer provided … Read more

Only 19% of women are confident they’re saving enough to retire

Chris Whitehead | Image Source | Getty Images The two years since the coronavirus pandemic led to sweeping lockdowns across the US have hit women in the workforce especially hard. Now, the gap between their retirement savings as those of their male counterparts has widened further. Only 19% of women are confident they’re on track … Read more

Why ‘early retirement is one of the worst money mistakes’ you’ll regret, says Harvard economist

As an economist, it’s not in my DNA to draw blows. So I want to be honest: for most Americans, early retirement is not just a decision to take the longest vacation of their lives – it’s one of the biggest money mistakes they will regret. The reason is simple: We as a group are … Read more