retirement

Americans’ average 401(k) balances grew in the first quarter of 2023, per Fidelity’s latest report. Here’s how much they have saved by generation.

Steve Adcock retired in 2016 at age 35. In the years since, he says he’s heard every myth about the pitfalls of early retirement. These are the most common.

When planning for retirement, a lot of the focus is on finances. But where you retire and the quality of life you will have there are just as important.

A recent list of the best states to retire in explores not just affordability, but also health care and wellness. Here’s which states made the top 10.

Florida no longer ranks as the best state to retire in and a new location has taken the top spot, according to WalletHub’s latest study. Check out the top 10.

Changing jobs can put a strain on finances so some people withdraw retirement funds to get by until their next pay day. NBC 5 Responds helped when a McKinney woman’s withdrawal request took months instead of days.

Hundreds of thousands of people filled the streets of France Thursday for the 11th day of nationwide resistance to a government proposal to raise the retirement age from 62 to 64.

In 2006, 67-year-old Janet Blaser left the U.S. for Mazatlán, Mexico and retired by the beach. While retirement may sound like a dream, she says there were many downsides. Here’s how she overcame them, and now lives a happy life in her $420-per-month rental apartment.

In addition to being home to the most expensive city to live in worldwide, New York is the least affordable U.S. state to retire in. Where does Texas fall on the list?

If you turned 72 in 2022, the last chance for your first mandatory retirement plan withdrawal is April 1 — or you may face a hefty tax penalty. Here’s how to avoid it.

If you’re planning to max out your 401(k) plan for 2023 and want to save more, you may consider after-tax 401(k) contributions. Here’s what you need to know.

While the thought of funding your retirement adequately might be daunting, if you start planning now you’ll certainly be thankful later.

The moves you make now can help make your lifestyle more comfortable in retirement later.

The $1.7 trillion bill to fund the federal government through next September has measures related to tapping retirement savings for financial hardships.

The embattled chief of the Argyle Fire Department was suspended without pay Monday following his arrest on charges he stole firefighters’ retirement money and spent it at casinos, restaurants and personal credit cards.

Inflation has caused 54% of adults to either reduce or stop their contributions, according to a new report from Allianz Life.

Retirees will see a major increase in benefits this January when a new cost-of-living adjustment is added to Social Security payments.

The cost-of-living adjustment means the average recipient will receive more than $140 extra a month beginning in January.

Have you ever thought about quitting your job permanently and retiring early? Well, you’re not alone. Throughout the pandemic, many people have been thinking about substituting their careers for something that will make them happier in life. LX News Storyteller Eric Rodriguez explores early retirement and things to consider before doing so.

Cutting back on the three major expenses — housing, transportation and food — is key for “Super Savers,” who are saving at least half their income in an attempt to retire early. Insider senior investing reporter Kathleen Elkins interviewed several Super Savers, and joins LX News to discuss the frugal group.