Retirement savings

I am 59 years old, earning six figures, but my daughter wants to retire to watch my future granddaughter for a year. Can I afford it?

"My daughter is getting married next year and will try to get pregnant immediately." (Photo subject is a model.) -…

2 days ago

Retiring with $1 million remains unusual—how many people reach that milestone

Only 3.2% of retirees have $1 million in retirement accounts versus about 2.6% of Americans in general. Average retirement savings…

6 days ago

Average 401(k) Withdrawal Rate for Retirees in 2026 Revealed—What Does It Mean for You?

Recent research shows that married retirees withdraw about 2.1% of their savings annually, while spending 80% of their guaranteed income,…

2 weeks ago

I am 60 years old and have $1.5M saved for retirement from a stressful job. Should I work ‘just one more year’ or quit?

vadymvdrobot / Envato Moneywise and Yahoo Finance LLC may earn commissions or revenue through links to the content below. Imagine…

2 weeks ago

Many American retirees are using 1 sneaky trick to make required minimum distributions in 2026 a non-issue.

If you've spent decades saving for retirement, your IRA and 401(k) balances probably feel like a financial safety net. Seeing…

2 weeks ago

Robert Kiyosaki warns of crushing Baby Boomers’ investments. Is he right?

Eugene Golgorsky/Getty Moneywise and Yahoo Finance LLC may earn commissions or revenue through links to the content below. Robert Kiyosaki…

2 weeks ago

Are you rich? The net worth you should consider to be poor, middle-class, and wealthy in America

Benzinga and Yahoo Finance LLC may earn commissions or revenue on certain items through the links below. In the United…

2 weeks ago

Saving for retirement in 10 or 20 years ‘doesn’t matter’, says Elon Musk. Here’s why dangerous advice

Elon Musk has ignited the discourse once again; This time most people treat the basics of financial security: retirement savings.…

3 weeks ago

4 Retirement Moves You’ll Regret Not Making in 10 Years

One of the biggest challenges of retirement planning is making financial sacrifices today so that you can live comfortably many…

3 weeks ago

5 Big Purchases Retiring Boomers Wish They’d Undone Here’s how to avoid the same fate

Lucigerma/Shutterstock Moneywise and Yahoo Finance LLC may earn commissions or revenue through links to the content below. A surprise that…

4 weeks ago