Breaking Bad Habits
Ask most people when they hope to retire, and they’ll probably have an answer for you. Ask them how they plan to make that happen, and you’ll probably hear crickets. […]
The Path to $1 million
Only about 1% of the 30 million or so people who contribute to their Fidelity retirement accounts have managed to save at least $1 million. The average 401(k) balance hovers […]
Still Behind, But Improving
Today, American households headed by individuals between the ages of 35 and 64 are running $3.83 trillion short of the amount they need to safely carry them through their post-working […]
A Consolidated Effort
The era of working for a single employer for the length of your career—40-plus years and receiving a pension—is a distant memory. On average, an American worker holds more than […]
Should You Max Out Your 401(k) Contribution?
Last year, the IRS increased 401(k) contributions for 2019 to $19,000 annually (versus the maximum contribution limit of $18,500 for 2018). That means that workers looking to max out their […]