Average 401(k) Balances for Recent Graduates
Workers under 25 had a median 401(k) balance of $1,948 at the end of 2024, despite an average more than three times higher. See how job conditions, automatic enrollment, employer…
Carlos Price
retirement savings
Carlos Price
Americans Ages 55 to 64 Are Not Financially Ready for Retirement
A Federal Reserve snapshot finds that 43% of households headed by someone age 55 to 64 had no retirement account in 2022. Here is what the $185,000 median balance means,…
Carlos Price
Retiring Early With $1.5 Million Can Work, but It May Fall Short
A $1.5 million nest egg can look substantial, yet early retirees may need it to cover decades of spending. See the income math, overlooked costs and planning assumptions that can…
Carlos Price
Social Security Retirement Needs in All 50 States Based on Checks
A single retiree’s Social Security check can change the required nest egg by tens of thousands of dollars. See how claiming age, earnings history and state costs shape the estimate,…
Carlos Price
Americans Plan to Retire at 65 but Leave Work at 62
Many workers expect to retire at 65, yet the median actual age is 62. Learn how an earlier exit can affect savings, health coverage and Social Security, and which steps…
Elizabeth Daniels
Are Today’s 50 Somethings Better Prepared for Retirement?
Retirement account balances among Americans in their 50s are far higher than they were decades ago, but many still lack an account or pension. See what the Federal Reserve figures…
Elizabeth Daniels
Planning for Dividend Income in Retirement Requires Knowing How Much You Need in Each State
Dividend income can trim the savings needed to meet retirement expenses, but the investment capital behind those payments matters too. See how the estimates shift with income and location.
Carlos Price
Retirement savings rates lag recommendations for many people in their 20s and 30s
Many younger workers contribute well below common retirement targets, and job changes or debt can make the gap wider. See how contribution increases, employer matches and a $60,000 salary example…
Peter Simmons
How Much Single Retirees With Annuities Need in All 50 States
A monthly annuity can lower the savings a single retiree needs to keep invested, but the purchase takes money upfront. See the national estimates, state differences and practical questions to…
Elizabeth Daniels
Americans 75 and Older Typically Have This Much Left in Retirement Savings
Only 42% of households headed by someone 75 or older had a personal retirement account in 2022. See what the $130,000 median means, how Social Security and pensions fit in,…
Carlos Price
How Much a Single Retiree With an Annuity Needs by State
A typical single retiree may need about $898,000 invested after Social Security, but location and annuity income can shift that target sharply. See how the estimates work and what the…
Elizabeth Daniels
Retirement Planning at Ages 45, 55 and 65: What to Know
Retirement account participation is up for people in their late 30s and early 40s, but balances have dropped sharply. Here is what that means for planning ahead of key ages…
Peter Simmons
How Many Americans Retire Abroad? What the Data Shows
Millionaire retirees make headlines, but the real numbers tell a different story. Here is what the data actually shows about how many Americans reach seven figures by retirement.
Carlos Price
How Much Retirement Savings Should I Have by Age 75?
How much retirement savings should you actually have by your mid-70s? New data reveals the typical account balance, how it shrinks with age, and what fills the gap.
Carlos Price
How Much To Retire Comfortably in North Carolina Savings Needed
Social Security covers barely half the bill for North Carolina retirees. Here is the real math behind how much to retire comfortably in the state, and how the nest egg…
Elizabeth Daniels
How Much Single Person State Pension Needed To Retire Comfortably
Wondering how much a single person's state pension really covers in retirement? Here's what the average Social Security check pays, and how part time work can shrink the savings gap.
Carlos Price
How Many Retirees Have No Savings Beyond Social Security
New Federal Reserve data shows nearly 30% of older households have no retirement account or pension at all, and the gap is widest among single seniors.
Carlos Price
You May Not Need $1 Million To Retire Comfortably
Think you need $1 million to retire alone? In 28 states, $800,000 covers it, but only 9% of single retirees actually have that much saved.
Peter Simmons
Nest Egg Needed to Retire at 55 in Florida
Retiring at 55 in Florida means covering years of living costs with no Social Security safety net yet. Here is how much savings that actually takes.
Carlos Price
Retirement Planning Tools: Best Options to Prepare for Retirement
A practical comparison of retirement planning tools, from free calculators to fee only advisors, and how to pick the right one for your finances.
Elizabeth Daniels
How Much To Retire Comfortably In North Carolina Savings Needed
Wondering how much to retire in North Carolina? A typical couple needs nearly $940,000 beyond Social Security, and the gap looks different depending on age and pension income.
Peter Simmons
Saving Enough for Retirement? Why Many in Their 20s and 30s Fall Short
Most workers save far less than the recommended 15 percent for retirement, and the gap starts in their twenties. Here is what the numbers show and how to close it.
Carlos Price
How Much a Single Person Needs To Retire in Each State With Part Time Income
Retiring alone changes the math. See how much a single retiree really needs saved, how part time work shrinks that number, and which states cost the most.
Peter Simmons
Retirement Planning Spreadsheet: A Free Tool To Get Started
A retirement planning spreadsheet lets you model your own savings, contributions, and withdrawals with full control, no guesswork about hidden assumptions, and no cost.
Peter Simmons