Many Americans share the goal of retiring as millionaires, but it’s not easy to achieve. According to Vanguard’s 2023 How America Saves report, the average Vanguard 401(k) holder had a balance of just $112,572. Even among those 65 and older, the average balance was only $232,710. While it’s tough

There are many best times to do many things. For example, the best time to see cherry blossoms in Washington, D.C., is usually late March or early April. The best time to apply sunscreen is around 15 to 30 minutes before you venture into sunshine (and remember to reapply it at least every two

There are lots of wonderful things about Social Security. For example, almost every American worker can qualify for it easily, and you don’t have to save and invest over decades in order to earn it. (You’re simply taxed throughout your earning life, thereby contributing to the pool of funds from

Image source: Getty Images A vacation should be a relaxing experience. Unfortunately, it often doesn’t work out that way. Lots of travelers experience financial stress while they’re on vacation. You expect to get away from it all and enjoy yourself, only to find that you’re constantly thinking

It may be hard to fathom building a million-dollar retirement portfolio when the median retirement savings for American households is $87,000. However, a shift in your mindset and finances can take you far. You don’t need to worry about complicated financial strategies or grinding out long hours