New data reveals the average 401(k) balance for Generation X, painting a concerning picture for those nearing retirement. Experts weigh in on the gap and potential strategies to bridge it.
Fidelity data reveals the average millennial 401(k) balance stands at $67,300. While the figure may seem modest, financial experts argue it represents a solid foundation for a generation that entered the workforce during economic turmoil.
As the traditional three-legged stool of retirement income evolves, future retirees must navigate a complex mix of Social Security, savings, and side gigs. We break down the key sources and strategies for building a resilient income portfolio.
A soon-to-be father's anxiety over an $8,000 car loan led him to consider a costly 401(k) withdrawal. Financial experts Dave Ramsey and John Delony strongly advised against it, highlighting the severe penalties and long-term consequences of mixing emotional decisions with retirement planning.
Recent data shows the average Bitcoin held by U.S. spot ETFs is now worth less than its purchase price, following two consecutive weeks of major outflows that have deepened the cryptocurrency's downturn.
While a seven-figure nest egg is a common retirement goal, financial experts caution that its sufficiency hinges on withdrawal strategies, lifestyle expectations, and supplemental income.
Coinbase stock fell over 2% as a broad cryptocurrency sell-off dragged Bitcoin to a 10-month low. The decline was exacerbated by sustained net withdrawals from Spot Bitcoin ETFs, indicating shifting institutional sentiment.
Regular savings accounts offer attractive rates for disciplined savers, but come with strict rules on monthly deposits and withdrawals. Our guide breaks down the latest deals and what you need to know before committing your cash.
A federal class-action lawsuit alleges Blue Owl Capital, a major player in the $1.7 trillion private credit market, restricted investor withdrawals amid mounting redemptions, testing Wall Street's promise of 'democratized' alternative investments for Main Street.
A wave of protests and student walkouts swept across the United States on Friday, demanding the withdrawal of federal immigration agents from Minnesota following fatal shootings, as political tensions threaten a government shutdown.
Financial expert Suze Orman challenges conventional retirement targets, urging a defensive cash reserve of three to five years' expenses to shield against market volatility.
For retirees facing Required Minimum Distributions (RMDs), converting a traditional IRA to a Roth can offer relief—but at a significant upfront tax cost. We analyze the long-term math and trade-offs for a 60-year-old with a $1.1 million portfolio, exploring whether staged conversions make financial sense.
Cross-chain protocol CrossCurve has been exploited for an estimated $3 million, with a critical smart contract flaw allowing unauthorized fund withdrawals across multiple blockchains. The incident renews scrutiny on bridge security and user protections in decentralized finance.
While Roth accounts dominate the retirement planning conversation, a closer look at current tax laws and long-term income strategies reveals a compelling case for prioritizing pre-tax contributions. We examine the data with an expert and explore what gold's historical returns tell us about diversification.
A brutal sell-off in Bitcoin, exacerbated by Federal Reserve uncertainty and weak tech earnings, triggered massive withdrawals from U.S. spot Bitcoin ETFs, casting doubt on near-term price targets.
A new federally-backed investment vehicle for minors, dubbed 'Trump Accounts,' launches next month. Children born through 2028 could receive a $1,000 government contribution, with financial experts highlighting its potential to build a significant nest egg for education and retirement.
The death of a spouse brings profound emotional and financial changes. This guide outlines key steps to reassess benefits, taxes, and income strategies to secure long-term stability during a difficult transition.
Universal has rescinded its employment offer to a former ADM finance executive just one day after the SEC filed suit against ADM's ex-CFO over alleged accounting misconduct in the nutrition segment, highlighting the widening fallout from the agribusiness giant's regulatory troubles.
The Texas-born travel center giant Buc-ee's is renowned for massive stores and spotless restrooms. But its most disruptive industry practice might be its pay scale, which far exceeds typical convenience store wages and fuels intense competition for jobs.
The medical device developer Beta Bionics has received a warning letter from the U.S. Food and Drug Administration, a regulatory action stemming from a facility inspection last summer. The company maintains the letter will not disrupt its operations, manufacturing, or the planned launch of its new insulin patch pump.
