The average retirement savings for families aged 56-61 is $163,577. According to the Economic Policy Institute, the 56-61 age group (which can be considered “pre-retirees”) has an average retirement savings…

The average American’s 401(k) balance is $104,300. Fidelity reports that the average 401(k) balance is $104,300, 13% higher than it was a year ago. This may sound like a lot,…

Only 6 in 10 workers are saving for retirement. A recent survey by the Employee Benefit Research Institute found that only six out of every 10 workers are actively saving…

Only 25% of Americans say they don’t expect to work after retirement. To be fair, many retirees work because they want to. Studies have shown that part-time employment can help…

55% of Americans stop working sooner than planned. Do you plan on working until age 65 or later? You'd be wise to financially prepare to retire a few years earlier.…

 Security is only designed to replace 40% of your income. According to the Social Security Administration, just $4 out of every $10 of the average American worker’s pre-retirement salary will…