How Much Should You Really Have Saved for Retirement by Age 50?

One common rule of thumb says you should have six times your annual income saved by age 50. Some people may need more or less ...

How People in Their 50s Save for Retirement — And What “On Track” Really Looks Like

SDI Productions / Your 50s can bring about a new sense of urgency: Have I waited too long to build my retirement savings? With a mix of tail-end college costs, aging parents to care for, a mortgage ...

It's Getting Harder to Qualify for Social Security in Retirement. Here's Why

But it's not a given that you'll qualify for Social Security in retirement. You might assume that once you reach a certain ...

Curious About Early Retirement? See How 401(k) Balances Compare for Those in Their 40s and 50s

Discover how 401(k) balances in your 40s and 50s stack up and learn smart strategies to grow savings, such as catch-up ...

Retiring at 60? Why your financial advisor says you need 30 years of savings — and what that really means for your future

Take the hypothetical example of Dave, 50-year-old IT professional who wants to retire at 60. His financial advisor, after running several simulations, recommends that Dave have 30 years of savings ...
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I'm 50 and have just $60K for retirement because I burned through my 401(k) to care for my parents. Am I too far behind?

Josh was working a job he loved, but not saving a lot. He knew he should be putting more away for retirement, but life kept getting in the way. Then his parents got sick. Everything he thought he ...
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Retirement Readiness in All 50 States: How Do You Compare?

You might find yourself adjusting your retirement savings strategy before 2025 ends, especially if you’re worried you don’t have enough money saved up. Key findings from a new study by GOBankingRates ...