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On average, Americans hope to retire by age 62, but believe they’ll retire by 70. Here’s how those predictions break down by generation:
Source: Empower “Goal Oriented” study, 2024.
On average, Americans hope to retire by age 62, but believe they’ll retire by 70. Here’s how those predictions break down by generation:
Source: Empower “Goal Oriented” study, 2024.
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Will 2025 be the year of the first-time home buyer?
Life
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Empower research shows that more than half of Americans equate home ownership to financial success, but the surge in home prices may be pushing the dream out of reach for some.
New job seekers hit a 10-year high
Work
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More Americans are looking to switch jobs than at any point in the past decade, with more than half of U.S. workers surveyed watching for or actively seeking a new job.
Roth IRA 2024 and 2025 contribution limits
Work
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Roth IRAs can be great investment avenues for long-term savings, but there are several rules to be aware of prior to contributing to this retirement account. Here is a rundown of contribution limits and other key considerations.