Understanding these key distinctions can help your retirement savings go further. A traditional 401(k) used to be the standard for retirement savings, but the Roth 401(k) has surged in popularity in ...

Most people approaching retirement want a simple benchmark: what does a typical 401(k) look like at 65, and how does their own nest egg stack up? The averages can be sobering, but they are also a ...

You spend your entire career saving for retirement. Unfortunately, once the time for retirement comes, many people who have diligently saved end up making a major mistake with the money they've put ...

Forbes contributors publish independent expert analyses and insights. True Tamplin is on a mission to bring financial literacy into schools. A 401(k) is an employer-sponsored savings plan that allows ...

Learn how much the average person receives in Social Security at age 65 and explore strategies to maximize benefits and ...

For many of us, retirement may seem far away. However, if you ask people who have already retired, many of them will tell you just how fast it can creep up on you. That's why it's important to begin ...

'Emergencies are always happening. Life has just gotten more expensive.' Hardship withdrawals - which can be taken only for "immediate and heavy financial needs" - have risen in recent years with the ...

The wisdom of financial planning often clashes with the messy reality of life, and for one couple in their early 50s, a strong retirement nest egg and a valuable home aren't enough to quell the severe ...