Retiring on $144,000 isn’t typical. In 2025, the “magic number” for retirement savings is $1.26 million, according to a Northwestern Mutual study (1). Using the standard 4% rule, that equates to about ...
Growing a retirement account to $1 million depends heavily on how early you start investing. At a conservative 6% annual rate of return, a 35-year-old needs to save about $863 per month to reach $1 ...
It's taboo to ask a person how much money they have, but we all want to know where we stand; here's some of the latest data.
These insights reveal just how far the richest 10% outpace the rest, and what financial habits set them apart.
How much will you need to retire, how much does the average person have saved and how does your nest egg stack up? The 2025 Northwestern Mutual Planning and Progress study found that Americans think ...
Listen and subscribe to Decoding Retirement on Apple Podcasts, Spotify, or wherever you find your favorite podcasts. It’s the question nearly everyone asks: How much money do I need to retire? There ...
A LendingTree study analyzed how much Social Security covers retirement spending in 100 major U.S. cities. In Memphis, Social Security covers 31.70% of average retirement spending, requiring retirees ...
How much is enough to save for retirement? It's the million-dollar (or more) question every pre-retiree is asking, and it can be incredibly confusing and overwhelming to answer. I've come across many ...
Charles Schwab’s annual survey of 401(k) participants sheds light on key retirement issues facing U.S. workers today. Only one-third of respondents report they’re “very likely” to achieve their ...
The city of Pueblo recently made national headlines as a top destination for retirees, due to its scenic views, fun events and attractions, affordability, and proximity to the Denver metro area. But ...
Financial independence is the ultimate aim for many savers and investors but it is getting more expensive to ensure your retirement income can fully cover your living expenses. A traditional ...
Lucy Lazarony is an experienced personal finance journalist and writer who got her start in 1998 writing about financial topics. She writes accessible and easy-to-understand articles about credit, ...