The average retiree spent $60,000 per year in 2023, according to the Bureau of Labor Statistics. Would you have enough to cover these expenses?

It's important to save for retirement so you have enough income to be comfortable. Many people struggle to set money aside for their senior years while they're working. The sooner you begin building ...

The average 401(k) balance varies widely by income level. While your goals will depend on your situation, it can be helpful to see where you stand compared to the average. Collecting the full employer ...

Saving consistently in a 401(k) is one of the best things you can do for your retirement. Social Security probably won't pay you enough money to cover your living costs in full. So you'll need some ...

During the third quarter of the year, 401(k) balances rose substantially from the previous quarter. Stock market gains were a likely contributor. There are steps you can take to boost your 401(k) ...

With the decline in pensions and Social Security losing buying power, 401(k)s have become an increasingly important part of retirement planning. It's where many workers keep most of their savings, and ...

At a time when many state-owned banks, such as State Bank of India (SBI), Canara Bank, and Punjab National Bank (PNB), have scrapped minimum balance requirements or waived penalties, ICICI Bank has ...

In a customer-friendly move, Canara Bank has announced a waiver of the Average Monthly Balance (AMB) requirement across all types of savings bank accounts, including regular savings accounts, salary ...

Learn how to calculate average outstanding credit card balances and understand their effect on interest, credit scores, and financial health, ensuring smarter financial decisions.

Working Americans are often told to try to set aside 15% to 20% of their income for retirement. And inevitably, many fail to do that. That's understandable, though. It's by no means easy to part with ...