Peter Gratton, Ph.D., is a New Orleans-based editor and professor with over 20 years of experience in investing, economics, and public policy. Peter began covering markets at Multex (Reuters) and has ...
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How many Americans have banked a cool $1 million for retirement?
A $1 million retirement seems like a worthy retirement target worth shooting for, even if it seems a tad far-fetched to ...
The golden years are a little shorter in the Empire State. A new study has determined that $1 million in retirement savings lasts less than 13 years in New York, due to the sky-high costs of housing, ...
A dentist three years out of school carrying $450,000 in student loans is staring at a fork in the road. Pay down the debt aggressively before doing anything else, or take on more debt to buy the ...
Among U.S. cities with the highest percentage of retirees, a $1 million nest egg can mean vastly different things. In some of America’s most popular retirement towns, a million bucks could last you ...
More than 95% of American retirees don't have $1 million saved in retirement accounts. So when you hear the headline "you need a million to retire," you're right to raise an eyebrow. I've seen how the ...
Even modest monthly investments made consistently over time can eventually turn into $1 million or more. A retirement portfolio should be built around ultra-low-cost, broadly diversified index funds.
A lot of people set the goal of saving $1 million for retirement because it's a nice round number. But before you get your mind set on aiming for a $1 million nest egg, you may want to think about ...
Only the specifics of your financial situation can determine whether you can meet your five-year goals. If these goals are important to you and your finances don’t allow you to come up with the extra ...
The S&P 500 has averaged an annual return of 10% over the long term, making it a great index to track. Assuming those returns hold up, you would expect to see your investment to roughly double in ...
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