Many can feel very real at 66. For most Americans, retirement is no longer a distant thought floating in the future. It’s either here or just around the corner, taking shape with decisions on Social Security and Medicare enrollment. That’s why it’s helpful to know how your numbers compare to other families of your age, … Read more
I received an email last week from a reader who recently retired. He had done everything right – saved diligently, paid off the mortgage, built a $680,000 nest egg. In October, three months into his retirement, he was Googling “this is all there is” at 2am. His story hit me harder than I expected. Maybe … Read more
Retirement is like that in the last century. It’s the stuff of Bruce Springsteen’s songs about brave Americans who wake up every morning to do a job they can’t stand, but they do it with beautiful visions of a merciful end. New York Times Journalist Jessica Grose undoubtedly carries an old-fashioned view of retirement. Consider … Read more
Americans are pulling back to prepare for retirement, and workers cut their annual contributions to their 401(k) accounts last year, according to new research from payroll firm Dayforce. Full-time workers cut their contribution rate by 2025 to 8.9%, from 9.2% a year earlier, while one in four workers reduced their annual savings in a 401(k) … Read more