The number of people in the United States retiring with less than $10,000 saved has dropped 13 points from 55 percent to 42 percent.
The holiday season is here! It's a time for giving but unless you monitor your spending and credit card activity, there are some costly blunders that can be made.
Until someone actually discovers the fountain of youth, we all have to face planning for retirement so we can finance our older years.
If you have children, college is one of the major expenses that lies ahead. Many families are saving as much as they can, but for some, it’s not enough.
According to data from the Bureau of Labor Statistics, households run by someone 65 and older spend an average of $45,756 per year. That works out to $3,813 every month.