News
Arizona Plumber, 62, Has $79 K Debt, No 401(k) " but 3 Houses. Ramsey Show Tells Him Which To Sell To Save His Retirement
1+ week, 5+ day ago (788+ words) Toby, a 62-year-old self-employed plumber in Phoenix, Arizona, thought owning multiple rental homes would secure his retirement. Now he's approaching retirement with no 401(k) savings, poor health and $79, 000 debt and he's worried about his long-term future. Toby called into The Ramsey…...
$1, 000 today. $45, 000 at retirement. Your employer's 401(k) match is the easiest money you're not taking
2+ week, 11+ hour ago (697+ words) Saving for retirement can feel overwhelming as you get closer to the end of your career, but for those with decades to go, retirement is often something that's not important in the here and now. However, waiting until you're older…...
Most retirees want to travel, but aren't thinking affordability " 5 top destinations and how to fund them
2+ week, 5+ day ago (859+ words) Travel is the absolute dream of retirement. According to AARP's 2025 Travel Trends Survey, 70% of adults 50 and older planned to travel in 2025, up from 65% from 2024 (1). However, the cost remains a big obstacle for older adults to overcome. Homeowners aged 62 and over…...
More Americans than ever made a major 401(k) retirement blunder in 2025 " it could cost thousands. Avoid their mistake
2+ week, 6+ day ago (1444+ words) Last year was a record-breaker for early 401(k) withdrawals, according to Vanguard (1). All told, 6% of account holders in plans it administers took a hardship withdrawal " the highest rate on record. That's up from 4. 8% in 2024 and more than double pre-pandemic levels. It…...
5 Fast-Growing US Small Towns Most Americans Have Never Heard Of " and Whether To Move In Before Everyone Catches On
3+ week, 1+ day ago (1154+ words) Many Americans are skipping well-worn (and expensive) retirement destinations, choosing to spend their golden years in small towns where their dollar stretches further. It's a trend to watch as more people are set to retire. The number of Americans aged…...
Hard-up Workers Are Raiding Their 401(k) in Record Numbers " Here's Why, Plus How to Avoid It and Preserve Your Savings
3+ week, 4+ day ago (751+ words) Retirement accounts are supposed to be long-term savings vehicles, but for a growing number of Americans, they're becoming an emergency lifeline. When bills pile up, housing payments fall behind or medical costs suddenly enter the picture, some workers turn to…...
Gen X Is Facing a $400 K Retirement Shortfall. Why They Are Falling Behind on Savings " And How Anyone Can Catch Up
3+ week, 4+ day ago (876+ words) As Americans reach their 40s and 50s, retirement begins to feel less like a distant idea and more like a real milestone on the horizon. After decades of contributing to employer-sponsored 401(k) accounts and individual retirement accounts (IRAs), many expect to see a…...
Dave Ramsey calls Trump accounts a political stunt. Here's what experts are saying, and how to decide about opening one
3+ week, 5+ day ago (954+ words) Financial experts are split on the new 530 A account, also known as Trump accounts " a tax-advantaged investment account designed for children under 18. About 3 million families have already signed up ahead of the July 4, 2026 launch date, incentivized by free money. The…...
Boomers May Be the Richest Generation of All Time, but Here's How Gen X, Gen Z and Millennials Have a Chance to Catch Up
4+ week, 6+ hour ago (426+ words) Today, baby boomers enjoy the highest distribution of wealth in the U. S. at $88 trillion. It's a common refrain that boomers have had an easier time building wealth than any generation after them. But how did they stack up against their parents…...
How Many Hours Can You Work And Still Collect Social Security Benefits In America? The Answer Might Surprise You
4+ week, 11+ hour ago (741+ words) Being over the age of 65 does not mean someone is automatically retired. But for many older Americans, work continues well past this age. Roughly 19. 5% of seniors over 65 were still working in 2024, according to Bureau of Labor Statistics (BLS) (1). This participation…...