How to save for retirement if your company doesn’t offer a 401(k)

Even if your employer doesn’t offer a 401(k) plan, it shouldn’t stop you from getting the most out of your retirement savings. You have other tax-advantaged options available to save for the future, including individual retirement accounts, Roth IRAs or health savings accounts — all of which can help your money grow. These accounts also offer … Read more

How much money Americans in their 40s have in their 401(k)s

If you’re in your 40s and have over $40,000 saved for retirement, you’re ahead of most people in your age bracket. However, you may need to take some proactive steps in order to retire comfortably. The median 401(k) balance for Americans ages 40 to 49 is $38,600 as of the fourth quarter of 2023, according … Read more

How to save over $1 million for retirement in your 30s

If you’re in your 30s and don’t have much saved for retirement, you’re not alone. As of the fourth quarter of 2023, the median 401(k) balance for account holders in their 30s was around $20,400, according to data from Fidelity Investments, the nation’s largest 401(k) provider. That’s a far cry from the $1.46 million the … Read more

How long should you stay at your job? How to switch strategically

A majority of Americans, 95%, said they plan to look for a new job this year, according to a January 2024 survey by job site Monster. Money is a big reason, with 45% of workers saying they need a higher income. Data from the Federal Reserve shows that job switchers increase their salaries more quickly, on average, than … Read more

How to spot and overcome ‘ghost’ jobs

Fangxianuo | E+ | Getty Images There can be ample roadblocks during a job hunt, including so-called “ghost” jobs. These can be phantom listings for jobs that don’t exist, or those posted such a long time ago that it seems the job may not be available. Luckily, there are ways for job seekers to sidestep … Read more