Average Retiree News Today

Recent data shared by the CDC has revealed that U.S. marriage rates are on the rise, and that divorce rates are falling. While this is great in and of itself simply for its positive sociocultural implications, it also brings great news for retirement savings.

Retirement should be a time of rest, relaxation, and enjoyment -- not a time to worry about finances. With the rising cost of living these days, it might be a smart idea to consider retirement abroad...

College costs have skyrocketed over the last four decades, with private tuition averaging $42,162 in the 2023-2024 school year. In that same span of time, retirement has also become more and more...

Saving $1 million (or more) for retirement is a great goal to have. Putting that much aside could make it easier to live your preferred lifestyle when you retire, without having to worry about running short of money. However, not … Continue reading → The post What Percentage of Retirees Have a Million Dollars? appeared first on SmartAsset Blog.

Retire in Nebraska, and you'll have plenty of company. Based on U.S. Census data, about 16% of the Cornhusker State's 2 million residents are over the age of 65. Retirement Planning: How Much the...

The cost of living is creeping up in the U.S., and inflation has been dealing quite a blow. Last September, consumer prices were up 3.7% from a year prior. The reality of just how expensive it is to...

With inflation and the cost of living continuing to climb, people looking to retire may find themselves wondering where they can possibly live on a fixed income at this stage of their life. It turns...

When it comes to saving for retirement, the common advice is to aim for $1 million. This number has been cited so often that investors may feel as if they're failing if they don't reach it. But that...

When it comes to saving for retirement, the common advice is to aim for $1 million. This number has been cited so often that investors may feel as if they're failing if they don't reach it. But that...

Around 10% of retirees have $1 million or more in savings. The majority of retirees, however, have far less saved.