New Federal Reserve data reveals that only 3.2% of American retirees have accumulated $1 million in retirement accounts. The ...

While many Americans think $1.5 million is the goal for retirement savings, the reality is that this much money just doesn’t ...

The richest 1% may seem to prove that having more money to save is promised to grow wealth. But what would happen if the ...

One of the unfortunate truths about America today is that there is a major disconnect between the amount of money you need to ...

Investing on a monthly basis can help make up for not having a big lump sum to invest right away. The market has averaged a 10% return over the long term, and that can translate into significant ...

It’s a challenging reality to think that we even have to question whether someone can retire on $1 million dollars in the ...

That big round number always gets thrown around for retirement: $1 million. Supposedly, that's what it takes to retire comfortably and never worry about money again. But for most people, that number ...

A $1M portfolio growing at 8% annually reaches $4.66M in 20 years without additional contributions. Catch-up contributions become available at age 50 and allow higher tax-advantaged savings limits. If ...

Retirement is expensive - and you'll probably need more than $1 million in your 401(k). There's a record number of 401(k) millionaires now, but even that goal of becoming a retirement millionaire - ...