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Average Gen-Xer Only Has $182,100 In Retirement Savings And It's Not Enough To Secure Their Future
Gen X, born between 1965 and 1980, is approaching retirement, but according to recent data from Fidelity, the financial outlook for the average Gen Xer is concerning. Fidelity reports that the average retirement savings for Gen X as of Q2 2024 is only $182,
Raising the full retirement age to 69 would cut Social Security benefits — and it wouldn’t save the program
Raising Social Security’s full retirement age by two years to age 69 would decrease individuals’ lifetime benefits and overall spending by the program, but would not stave off Social Security’s expected insolvency in 2034.
3 Ways You Could Get More Social Security Benefits in 2025
Most older adults rely on Social Security to some extent in retirement. A whopping 88% of current retirees say they depend on their benefits, according to a 2024 poll from Gallup, while 60% of that group say their checks are a major source of income.
4 Ways To Plan For Retirement Without Social Security
With the presidential election not far away, the future of Social Security is on many Americans' minds. As it stands, though, many people are pessimistic about the chances of Social Security
If Social Security benefits were cut, here's how much more you'd need to save for retirement
If Social Security benefits were reduced or eliminated, Americans would need to double or triple their savings rate to retire with a sufficient nest egg.
12h
on MSN
Most workers still struggle to invest in their retirement. This could help.
A strong knowledge can help them make more informed decisions in budgeting, daily decision-making, and long-term financial ...
6h
5 Movies To Learn About Retirement And Later Life
Through movies, we can learn a lot about what to do or not do in life by observing others in roles. This article includes ...
43m
Red Sox groundskeeper Dave Mellor announces retirement after 23 years at Fenway
Mello has spent 39 seasons tending to Major League Baseball diamonds, and spent eight years working Lambeau Field for the ...
9h
Live The Retirement Dividend Dream With SCHD And These High Yields
See how retiring with dividends can provide a steady cash flow, with Schwab U.S. Dividend Equity ETF™ offering excellent ...
1d
6 New Retirement Rules And Tax Changes Everyone Should Know
Sweeping new retirement rules and tax law changes touch everyone from high-earners, retirees, employees, employers, and ...
NBC New York
2d
Why Tom Brady's kids are the ‘best part' of his retirement
“I love those little kiddos more than anything,” Brady exclusively told E!
News
’ Francesca Amiker on Sept. 26. “I love ...
12h
Jane's August 2024 Retirement Income Update: Adding Stanley Black & Decker
Jane recently purchased shares of Stanley Black & Decker due to improving metrics. Check out this updated look at Jane's ...
1d
on MSN
JCPS Superintendent Marty Pollio announces retirement
Pollio, who is one of the longest tenured superintendents of any large urban district in the country, announced his upcoming ...
1d
Fast-Aging Korea Sees Money in Luxury Retirement Homes
Park Jong-chul, an 85-year-old in Seoul, recently decided it was time to move to a retirement home to secure the help he and ...
11h
Why You Should Be Focused on Freedom, Not Retirement, According to the ‘Life Planning’ Movement
George Kinder, founder of the life planning movement, doesn't think you should save for retirement. Read Next: I'm a ...
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