A 65-year-old couple retiring this year would need $220,000 on average to cover medical expenses, an 8 percent decrease from last year's estimate. But most people estimate just a fraction of that.
A 65-year-old couple retiring this year would need $220,000 on average to cover medical expenses, an 8 percent decrease from last year's estimate. But most people estimate just a fraction of that.
It's never too late or too early to think about diversifying. Introducing CNBC's ETF Retirement Portfolios: one for a 70-year-old, one for a 50-year-old and one for a 30-year-old.
It's never too late or too early to think about diversifying. Introducing CNBC's Model ETF Retirement Portfolios: one for a 70-year-old, one for a 50-year-old and one for a 30-year-old.
Fidelity Investments and Charles Schwab give independent financial advisers a percentage of the assets that their clients put in certain mutual funds, according to Reuters.
While the Dow is still about 1 percent below its October 2007 high, two-thirds of all stock mutual funds have posted new highs since then, according to Lipper.
Almost two-thirds of Americans in a new survey said they are doing all they can for retirement, and fewer than a third said they are worried they aren't saving enough.