It suggests withdrawing 4% of your nest egg in your first year of retirement, adjusting for inflation in subsequent years.

You have to do more than just throw money into your 401(k) if you want to grow your savings as quickly as possible.

Fact checked by Vikki Velasquez Key Takeaways The average 401(k) balance for people in their 60s was $568,040 in June 2025. The median amount saved was much lower, at $188,792.How much you need to ...

Retirement planning involves more than building a nest egg, it also requires managing taxes so you keep more of your savings.

The purpose of building a retirement nest egg is to have money to spend later in life. But it’s important to manage your ...

Based on the stories of six 401 (k) millionaires profiled below, saving $1 million for retirement sounds easy. If everyone ...

This shift marks a significant moment for individual accredited investors, particularly those exploring pre-IPO investment ...

The reality is sobering: The average 401 (k) balance of a Gen Xer is about $190,000, while the average balance for Boomers ...

Of course, there are some downsides. You don't get to take advantage of capital losses, which can be used to offset gains in ...

A client for whom you are managing a standalone brokerage account asks if you can also help them select and manage ...

In this case, buying LTC insurance could make sense. With a strong retirement cushion and manageable expenses, he could ...

The ranks of 401 (k) millionaires reached an all-time high of 595,000 individuals in the second quarter, Fidelity said. The ...