Average Boomer’s savings would only last seven years, study finds

The average baby boomer’s savings will last only seven years in retirement, a new study found, unless they curb their spending during their golden years. Boomers on average have $920,400 saved [...]

5 things all super savers do that you can actually learn

It’s a paradox: Saving money when you have it is hard, and not having it when you need it is even more punishing. Even if you are not a saver by nature, easy-to-learn habits can make you one. [...]

MONEY Wealthy investors’ growing demand for sustainability suggests new investment trend

The world’s uber wealthy are increasingly putting their money towards socially, ethically and environmentally conscious businesses, which could spur the growth of sustainable investments. In [...]

Rash decisions risk hurting unadvised retirees during pandemic

DIY savers ‘more inclined to have a knee jerk reaction’ to volatile markets   The coronavirus pandemic has been difficult for governments to negotiate, trying to get the right balance [...]

Warren Buffett says ‘don’t buy or sell’ on the headlines as coronavirus sends stocks plunging

  It has finally happened — coronavirus fears have taken over and panic has set in. Global stocks are plunging on Monday after the number of virus cases outside China surged over the [...]

Do’s and don’ts of spending wisely in retirement

Guidelines on which expenses are worth it, and which aren’t   Knowing how to spend your retirement money is often harder and more confusing than knowing how to save it. The basics for saving [...]

Gold pares some losses after data show weakness in U.S. manufacturing

Getty Images Gold headed lower on Monday, pressured by a round of upbeat data on Chinese manufacturing activity, but prices pared some of their earlier losses as weakness in the U.S. [...]

Opinion: Baby boomers commit the ‘7 deadly sins’ of retirement planning

New survey shows why millions are unprepared Everett Collection The lights have been green for the baby boomers all their lives. They were born just after World War II, between 1946 and 1964, and [...]

The Average Retirement Savings by Age

If you’re like the majority of people, you probably need to step up your retirement-saving efforts. An October 2017 Government Accountability Office (GAO) analysis found that the median [...]

Opinion: Have nothing saved for retirement? Follow the ‘austerity’ solution

Play time is over — it’s time to sock away half of your paycheck. Yes, half Sony Pictures TelevisionIf you’re 50 and have no money set aside for retirement, you’ll have to start hoarding cash and [...]

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