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In addition to decumulating wealth, aging Americans now need to manage and pay off heavy debt burdens in retirement.
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Hint: It's not a small percentage.
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After tallying up how much they're saving, their expected Social Security benefits and other assets, Fidelity said that the typical saver is on track to have 80% of the income they'll need for retirement.
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These are four of the most important things you can do to live a financially healthy life.
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Mortgage rates are surging due to the jump in U.S. bond yields. Higher mortgage rates, combined with higher home prices, will make this spring housing market even more challenging.
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These accounts are a favored child, but should they be?
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The number of Fidelity 401(k) accounts with a balance of $1 million or more jumped to 133,000 in the third quarter of 2017, up from just 89,000 a year earlier.
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It's hard to beat passive income. Instead of toiling for it, you can sit back and let the money flow in.
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Not only will you get your tax refund faster, but you can prevent tax identity theft.
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