The average retirement plan participants between the ages of 45 and 54 had an average balance of $168,646 in 2023, according to Vanguard.

For many older workers, especially those who are now nearing retirement, this can represent a key opportunity to bolster ...

If you plan to retire in 2025, those years of preparation are coming to an end. However, reviewing your plan one last time is ...

Since 2002, retirement savers who are age 50 or older have been able to contribute additional amounts to retirement ... toward shoring up retirement savings. Thanks to a provision included in ...

Retirement is often seen as a time of relaxation and enjoyment, but without proper planning, it can easily turn into a ...

Working past the traditional retirement age will let you postpone withdrawals from your retirement accounts. Your savings will have ... in your later years for the amount of money you want to ...

A lot of people wait until age 62 to retire so they can collect Social Security. But if you have a lot of money saved up, you ...

You want to plan conservatively and plan for expenses through age 100 ... income for retirement years. Look at potential sources of income — 401(k), IRAs, pensions, savings and Social ...

If you reach age 65, the median savings is around $200,000 ... determine how much money to withdraw each year during retirement. The amount you should withdraw depends on your spending habits ...

As natural disasters become more severe, older Americans' homes are at risk. But, for many, their house is their biggest retirement asset.