Retire

Almost half of Americans have withdrawn funds from their 401(k) plans after leaving jobs, with some completely draining their balances. But doing so before reaching retirement age can trigger taxes and penalties. Here’s what you need to know.

A panel of experts at the Milken Institute's 2023 Global Conference discussed how advances in fintech and AI tools have led to innovative approaches to boosting retirement savings.

Financial struggles are the biggest drivers of stress among Americans, according to a survey by Clever Real Estate. More than half of respondents said they’re stressed about inflation and not having enough money to save for retirement.

A new study by financial services giant TIAA found inflation forced 1 in 4 Americans to slash the amount they were saving for retirement last year, adding to a mounting crisis.

The average American has a 78% chance of covering estimated retirement expenses in a down market, according to Fidelity's 2023 Retirement Savings Assessment. Here’s what you need to know.

The Social Security cost-of-living adjustment could be 3% in 2024, a big drop from last year, amid signs that high inflation is beginning to moderate.

More than half of survey respondents said the latest increase to Social Security benefits doesn't adequately cover rising costs. As inflation rises, the increase in spending exceeded the latest 8.7% COLA adjustment.

A new Vanguard report showed an increasing number of American workers participating in retirement plans and saving more money, but Gen Z is "better prepared" than the rest.

Social Security funds face a long-term financial crunch that could mean some benefits get cut sooner for retirees, according to a recent government report.

The Social Security "escape clause" from the debt limit enacted by Congress in 1996 prohibits the disinvestment of the Social Security trust funds for any purpose other than the payment of benefits, according to a Concord Coalition report.

Self-directed retirement plan balances as well as balances for 401(k)s, 403(b)s and individual retirement accounts (IRA)s increased at the end of 2022, despite year-over-year losses.

Americans contributed less to retirement in 2022 and nearly a quarter contributed 3% or less of their income to their 401(k)s.

If you received a tax refund this year, there are many different ways to spend your cash to benefit you in the long term, including investments and an emergency fund.

A new study from Fidelity Investments found that Americans' retirement preparedness has dropped sharply since 2020, as people have saved less and invested more conservatively.

Despite growth in retirement plan balances in the fourth quarter, savings took a major hit in 2022 and inflation remains a concern for many Americans. Here’s how to pay off high-interest debt and make more room for retirement contributions.

France's prime minster faces a vote of no-confidence after she pushed through unpopular changes to the federal pension program in a move backed by President Emanuel Macron.

Eighty-nine percent of seniors said they are worried that the U.S. is in the grip of a retirement crisis and nearly half are struggling to build their savings, according to American Advisors Group's (AAG) recent survey.

Nearly 3% of workers made hardship withdrawals from their defined contribution plan in 2022, an increase from 2.1% in 2021, Vanguard's How America Saves 2023 report said.

Sixty-three percent of American adults are working with inaccurate longevity measures when they plan for retirement, according to the most recent TIAA Institute-Global Financial Literacy Excellence Center (GFLEC) Personal Finance Index survey.

Sen. Ted Cruz, R-Texas, unpacks the financial consequences President Biden's ESG rule could have on Americans and their investments on "Varney & Co."