Jim Cramer has learned something valuable about investing at almost every junction in his life.» Read More
Jim Cramer has learned something valuable about investing at almost every junction in his life.
The average 401(k) balance hit a record high of $80,900 in the first quarter, according to Fidelity Investments.
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.
Fidelity's president proposed doubling the percentage of pay employers can put in automatically enrolled employees' 401(k)s.
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.
On Wall Street, the retail investor is often seen as the dumb money. But those days may be over.