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Sandra Bellew first started as a crossing guard back in September 1968, and through the decades, she has helped students, their children and even their ... Show more   bit.ly/3OY9En9
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This 87-year-old crossing guard retires after 55 years of service! 👏❤️bit.ly/3OHSHwS
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Students give retiring crossing guard special send-off with homemade signs, flowers
goodmorningamerica.com/living/story/students-give-retiring-crossing-guard-special-send-off-99512933
Students give retiring crossing guard special send-off with homemade signs ...
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Michael J. Fox Says He’s Open to Returning to Acting Despite Retirement: Actor Michael J. Fox may have announced his retirement from acting, but he shared ...
hollywoodreporter.com/movies/movie-news/michael-j-fox-open-return-acting-retirement-1235866731/
Michael J. Fox Says He’s Open to Returning to Acting Despite Retirement
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Pension: work until 73? Retiring in your late 60s “much more difficult”: In a few decades, younger people might not be able to retire until their early 70s ...
derwesten.de/panorama/vermischtes/rente-eintritt-alter-eintrittsalter-id300920831.html
Pension: work until 73? Retiring in your late 60s “much more difficult”
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More people are working well past retirement age. It’s not easy: Hope Murray retired in 2013 after a 50-year career that ranged from game show producer ...
cnn.com/2024/04/14/economy/working-past-retirement-age/
More people are working well past retirement age. It’s not easy
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Quick Glance: Powell Warns of Lack of Progress on Inflation
  • Federal Reserve Chair Jerome Powell emphasized that the U.S. economy, while otherwise strong, has not seen a return of inflation to the central bank's target.

  • Powell mentioned that the current policy should remain in place as inflation has not declined quickly enough and there has been no further progress towards the 2% goal.

  • Since July 2023, the Fed has maintained its benchmark interest rate in a target range between 5.25% and 5.5%, the result of 11 consecutive rate hikes.

  • Financial markets have had to adjust their expectations for rate cuts this year as inflation has been higher than expected, and the Fed's policy continues to be dependent on data.
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How much money do you need to retire? Most Americans calculate $1.8 million, survey says.
usatoday.com/story/money/personalfinance/2023/08/02/how-much-money-americans-need-for-retirement/70507274007/
How much money do you need to retire? Most Americans calculate $1 ...
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Nearly 1 in 4 Americans plan to decrease 401(k) contributions. Why it could be a bad idea
usatoday.com/story/money/personalfinance/retirement/2024/04/14/why-decreasing-401k-contributions-could-hurt-you/73271846007/
Nearly 1 in 4 Americans plan to decrease 401(k) contributions ...
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When should I retire? It may be much later in life than you think.: Forward-looking companies like Microsoft and Boeing are already gearing up to take full ...
usatoday.com/story/opinion/2024/04/12/retirement-older-workers-employees-value-jobs/73286359007/
When should I retire? It may be much later in life than you think.
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As Gen X-ers Inch Toward Retirement, They’re Considering Where to Live: The oldest members of Generation X are several years from stopping work ...
nytimes.com/2024/04/06/business/gen-x-retirement-home-buying.html
As Gen X-ers Inch Toward Retirement, They’re Considering Where to Live
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Matt Ryan Announces NFL Retirement in Special Video Addressed to Falcons Fans: Ryan is retiring after a 15-year NFL career.
si.com/nfl/2024/04/22/matt-ryan-retires-from-nfl-with-special-video-to-falcons-fans
Matt Ryan Announces NFL Retirement in Special Video Addressed to Falcons ...
Quick Glance: Falcons Legend Matt Ryan Officially Retires from NFL
  • Matt Ryan, arguably the greatest quarterback in Atlanta Falcons history, has officially retired from the NFL.

  • Ryan, who didn't play last season and transitioned to a broadcasting career, made the announcement on social media.

  • In a video message, Ryan expressed his gratitude to Falcons fans and emphasized his responsibility to give his best.

  • Selected third overall in the 2008 NFL draft, Ryan holds numerous passing records for the Falcons and led the team to six playoff appearances, including a Super Bowl.
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Bob Reitman retiring for good, after 57 years in Milwaukee radio: Reitman, who got his start at WUWM-FM in 1966, will host his last show at the station April 18.
jsonline.com/story/entertainment/television-radio/2024/04/15/bob-reitman-retiring-for-good-after-57-years-in-milwaukee-radio/73334538007/
Bob Reitman retiring for good, after 57 years in Milwaukee radio
Quick Glance: Bob Reitman Retires After 57 Years in Milwaukee Radio
  • Bob Reitman is retiring after nearly 60 years on Milwaukee radio.

  • His final show will air on April 18 at 8:00 p.m.

  • Reitman's radio career began in 1966 at WUWM and spans multiple generations of Milwaukee music.

  • He was involved in some of the biggest rock concerts in Milwaukee and has been celebrated as a radio legend.
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Opinion: The voice of Yankees legends bids farewell : NPR's Scott Simon remarks on the long career of John Sterling, the New York Yankees' play-by-play announcer ...
npr.org/2024/04/20/1245988938/opinion-the-voice-of-yankees-legends-bids-farewell
Opinion: The voice of Yankees legends bids farewell
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Stanford Formally Names Kate Paye Women's Basketball Coach After Tara VanDerveer's Retirement
si.com/college/2024/04/16/stanford-kate-paye-womens-basketball-coach-tara-vanderveer
Stanford Formally Names Kate Paye Women's Basketball Coach After Tara ...
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John Sterling on Immediate Retirement: 'I’ve Been on the Air Since 1960, and I’m Tired'
si.com/2024/04/15/yankees-announcer-john-sterling-on-why-he-retired
John Sterling on Immediate Retirement: 'I’ve Been on the Air Since 1960 ...
Quick Glance: John Sterling retiring as Yankees play-by-play announcer due to health concerns
  • The longtime Yankees radio voice, John Sterling, is stepping down due to health concerns.

  • At 85 years old, Sterling is bidding farewell due to health issues.

  • Since 1989, Sterling has been calling the Yankees games and partnered with Suzyn Waldman since 2005.

  • His famous home run call was 'It is high, it is far, it is gone!', followed by 'Yankees win - the Yankees win' after victories.
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School block naming an ‘honour’: If you teach at a school for long enough, colleagues start to give you a ribbing and tell you "you’re part of the ...
odt.co.nz/news/dunedin/school-block-naming-%E28098honour%E28099
School block naming an ‘honour’
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Do you actually need $1.46 million to retire comfortably?: Discover what financial planners think about whether Americans really need over $1 million to retire ...
simplemost.com/do-you-actually-need-1-46-million-to-retire-comfortably/
Do you actually need $1.46 million to retire comfortably?
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LeBron’s Newest Teammate Isn’t an All-Star. He’s a Podcaster.: JJ Redick was a role player during his NBA career. But in the new age of sports media ...
wsj.com/sports/basketball/lebron-james-jj-redick-podcast-mind-the-game-08918bda
LeBron’s Newest Teammate Isn’t an All-Star. He’s a Podcaster.
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Stanford's Tara VanDerveer, NCAA's winningest coach, retiring after 38 seasons: The head coach of Stanford's women's basketball team is ending on a ...
goodmorningamerica.com/living/story/stanfords-tara-vanderveer-ncaas-winningest-coach-retiring-after-109081314
Stanford's Tara VanDerveer, NCAA's winningest coach, retiring after 38 ...
Quick Glance: Tara VanDerveer announces retirement after historic coaching career
  • After 38 seasons leading the Stanford women’s team and a total of 45 years, Tara VanDerveer, the coach with the most wins in NCAA history, announced her retirement on Tuesday night.

  • In January, the 70-year-old VanDerveer surpassed Mike Krzyzewski in terms of the wins record. She leaves the stage with a total of 1,216 victories across Idaho, Ohio State, and Stanford University.

  • Her impact will endure, given her consistent dedication to mentoring fellow coaches, whether through sharing game footage or offering support and insights in the visiting team's locker room.

  • VanDerveer’s final day is set for May 8, marking the 39th anniversary of her hiring. She intends to maintain an advisory role for the school and athletic department going forward.
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Social Security's COLA estimate rises. But seniors could struggle as inflation heats up.
usatoday.com/story/money/personalfinance/2024/04/10/2025-cola-estimate-higher-inflation-social-security/73272852007/
Social Security's COLA estimate rises. But seniors could struggle as ...
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She gave 67 years to working in schools. Then she gave $1 million.: Even after her death, Lillian Orlich, who served as a teacher and counselor before retiring ...
washingtonpost.com/dc-md-va/2024/04/06/lillian-orlich-teacher-counselor-donation/
She gave 67 years to working in schools. Then she gave $1 million.
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Jason Kelce Received Such a Sweet Eagles-Inspired Retirement Gift From His Wife: Kylie Kelce's thoughtful present for the ex-Eagles center deserves to be in the ...
si.com/nfl/2024/04/22/jason-kelce-received-sweet-eagles-retirement-gift-wife-kylie
Jason Kelce Received Such a Sweet Eagles-Inspired Retirement Gift From His ...
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Most Adults Fail This 5-Question Quiz on Retirement Basics: The average adult failed the TIAA Institute's basic retirement fluency quiz, answering just two ...
money.com/retirement-basics-quiz-fail/
Most Adults Fail This 5-Question Quiz on Retirement Basics
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Why the 'Right' Retirement Age Doesn’t Actually Exist: The traditional retirement age isn't ideal for every worker, and researchers say it would impose negative ...
money.com/right-retirement-age-social-security/
Why the 'Right' Retirement Age Doesn’t Actually Exist
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Boston Dynamics' latest Atlas robot sure has some (creepy) moves: One day after retiring its hydraulic humanoid robot, the company introduces a stronger ...
zdnet.com/article/boston-dynamics-latest-atlas-robot-sure-has-some-creepy-moves/
Boston Dynamics' latest Atlas robot sure has some (creepy) moves
Quick Glance: Boston Dynamics unveils eerie new fully electric humanoid robot
  • Boston Dynamics has revealed a new humanoid robot named Atlas capable of complex movements.

  • This model is the company's first fully electric model and boasts a wider range of motions than its predecessors.

  • Atlas features advanced AI tools like machine learning and computer vision to learn from its own actions.

  • The robot is being tested by Hyundai and is expected to be deployed in various applications in the coming years.
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‘Can I retire at 64?’ I’m single with about $1 million saved and will inherit $600,000. But I have $38,000 in credit card debt and $3,000-$5 ...
marketwatch.com/picks/can-i-retire-at-64-im-single-with-about-1-million-saved-and-will-inherit-600-000-but-i-have-38-000-in-credit-card-debt-and-3-000-5-000-in-monthly-expenses-who-can-help-0a02ba8e
‘Can I retire at 64?’ I’m single with about $1 million saved and will ...
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David McElroy to retire from AIG: David McElroy, chairman of General Insurance at American International Group Inc, is to retire from the company ...
royalgazette.com/reinsurance/business/article/20240422/david-mcelroy-to-retire-from-aig/
David McElroy to retire from AIG
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A new start after 60: I gave up teaching, started doodling – and became a cartoonist
theguardian.com/lifeandstyle/2024/apr/22/new-start-after-60-nancy-beiman-furbabies
A new start after 60: I gave up teaching, started doodling – and became a ...
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A drink now may impact you more than it would years ago. Here’s why that’s a problem
cnn.com/2024/04/05/health/older-adults-drink-risks-wellness/
A drink now may impact you more than it would years ago. Here’s why that’s ...
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The new retirement is no retirement: Baby boomers are keeping jobs well into their sixties and seventies because they ’like going to work’
fortune.com/2024/04/04/unretirement-baby-boomers-workplace-shift/
The new retirement is no retirement: Baby boomers are keeping jobs well ...
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I have saved $165,000. How do I invest in a high-interest-rate environment?: ‘My husband and I would like to provide our new baby with the best life we can’
marketwatch.com/story/i-want-a-stress-free-retirement-i-earn-120-000-a-year-and-have-165-000-in-savings-how-do-i-invest-in-this-high-interest-rate-environment-be493736
I have saved $165,000. How do I invest in a high-interest-rate ...
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Vesting schedules can turn a ‘free’ 401(k) match into ‘pretend’ money: When you are new to a job, knowing when the company match belongs to you is as important ...
marketwatch.com/story/your-401-k-match-might-not-be-yours-yet-vesting-schedules-can-turn-free-401-k-money-into-pretend-money-f1b7d2e1
Vesting schedules can turn a ‘free’ 401(k) match into ‘pretend’ money
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Where the Presidential Candidates Stand on Retirement: While Biden and Trump both say they support Social Security and Medicare, their approach to each has been ...
money.usnews.com/money/retirement/articles/where-the-presidential-candidates-stand-on-retirement
Where the Presidential Candidates Stand on Retirement
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The top pros and cons of retiring in Florida: From armadillo infestations to natural disasters, the Sunshine State isn’t always the postcard-perfect retirement ...
ajc.com/things-to-do/aging-in-atlanta/the-top-pros-and-cons-of-retiring-in-florida/N72FRG5ZXZERROS6WXT6J4BBKQ/
The top pros and cons of retiring in Florida
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IRA beneficiaries don’t have to take an RMD this year. They may want to anyway. : The IRS has issued new guidance for beneficiaries who don’t take an RMD this ...
marketwatch.com/story/ira-beneficiaries-dont-have-to-take-an-rmd-this-year-but-heres-why-maybe-they-should-d5049f57
IRA beneficiaries don’t have to take an RMD this year. They may want to ...
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Former Patriots WR, Three-Time Super Bowl Champ to Join Jerod Mayo's Coaching Staff
si.com/nfl/2024/04/21/patriots-super-bowl-champ-join-jerod-mayo-staff
Former Patriots WR, Three-Time Super Bowl Champ to Join Jerod Mayo's ...
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Tiger Woods is finished as a golfer – what he does next is seismic for the sport: Woods can be as valuable to golf in retirement as he was as a player - ...
inews.co.uk/sport/golf/tiger-woods-finished-golf-what-next-3006617
Tiger Woods is finished as a golfer – what he does next is seismic for the ...
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How much money Americans in their 50s saved in 2023—and 3 ways to save more: People in their 50s may have saved the least when compared with younger age groups ...
cnbc.com/2024/04/18/how-much-money-americans-in-their-50s-saved-in-2023.html
How much money Americans in their 50s saved in 2023—and 3 ways to save ...
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Retirement savings: New England states offer 401(k) alternatives: Smaller companies often do not offer retirement plans such as a 401(k). Now ...
bostonglobe.com/2024/04/17/business/retirement-savings-401k-nonprofits-state-auto-ira/
Retirement savings: New England states offer 401(k) alternatives
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The new magic number for retirement in California is $1.47 million: A new study has found Americans’ “magic number” for savings to retire comfortably is at an ...
sfchronicle.com/california/article/magic-number-retirement-19393925.php
The new magic number for retirement in California is $1.47 million
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Tesla reports earnings next week — can you as an investor expect anything good?: Also: Netflix’s good numbers and a reporting change, buying a home off-market ...
marketwatch.com/story/tesla-reports-earnings-next-week-can-you-as-an-investor-expect-anything-good-e6e3be4b
Tesla reports earnings next week — can you as an investor expect anything ...
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Video: Tom Brady 'Not Opposed' to Ending NFL Retirement, Names Patriots, Raiders: Tom Brady is 46 years old and hasn't played in the NFL since the 2022 season ...
bleacherreport.com/articles/10116479-video-tom-brady-not-opposed-to-ending-nfl-retirement-names-patriots-raiders
Video: Tom Brady 'Not Opposed' to Ending NFL Retirement, Names Patriots ...
Quick Glance: Tom Brady Open to NFL Return
  • Brady mentioned the Patriots and Raiders before answering a question on a podcast about a potential return.

  • The former quarterback hinted that he might not be retiring 'for good' and stated that he is 'not opposed' to returning to playing in the league.

  • Brady expressed interest in acquiring stakes in the Las Vegas Raiders after previously investing in the Las Vegas Aces.

  • The 46-year-old Brady, who retired after a historic 23-year career, winning seven Super Bowls, returned to the Buccaneers in March 2022 after initially retiring.
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Hellwegschule is looking for new management - Tanja Pfützner is retiring: The Hellweg primary school in Hamm-Berge needs new management. Tanja Pfützner will ...
wa.de/hamm/rhynern-ort370524/hellwegschule-sucht-neue-leitung-tanja-pfuetzner-geht-in-ruhestand-93021942.html
Hellwegschule is looking for new management - Tanja Pfützner is retiring
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Derek Fisher tips hat to retiring NBA rival Rajon Rondo: MANILA, Philippines—Before fans anticipated flashy crossovers and deep-range triples from the NBA’s ...
sports.inquirer.net/562088/derek-fisher-tips-hat-to-retiring-nba-rival-rajon-rondo
Derek Fisher tips hat to retiring NBA rival Rajon Rondo
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Is 100 the New 70?: Eating well, exercising, getting plenty of sleep and managing chronic stress can help make you a SuperAger. Funding that long life requires ...
kiplinger.com/retirement/is-100-the-new-70
Is 100 the New 70?
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Thousands of Americans retire every day short on cash, friendships and plans. We asked retirees about what they would do differently if given a second chance. Show more
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Court: Gov. Mike DeWine lacked authority to remove teachers' pension board member
dispatch.com/story/news/state/2024/04/18/appeals-court-rules-dewine-lacked-authority-to-change-strs-board/73373688007/
Court: Gov. Mike DeWine lacked authority to remove teachers' pension board ...
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A Surprising Number of U.S. Couples Have Secret Financial Accounts, According to a New Survey — And Most Have Not Talked About a Key Retirement Question
entrepreneur.com/business-news/couples-survey-secret-bank-accounts-no-retirement-planning/472857
A Surprising Number of U.S. Couples Have Secret Financial Accounts ...
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More Americans are moving abroad because the US is too expensive: More and more Americans are deciding that the only way to pay off debts, save money ...
businessinsider.com/americans-moving-abroad-cost-of-living-too-expensive-debt-retirement-2024-4
More Americans are moving abroad because the US is too expensive
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Stephen Strasburg on Retirement: Injuries No Longer Allow Me to Perform at MLB Level
bleacherreport.com/articles/10115919-stephen-strasburg-on-retirement-injuries-no-longer-allow-me-to-perform-at-mlb-level
Stephen Strasburg on Retirement: Injuries No Longer Allow Me to Perform at ...
Quick Glance: Stephen Strasburg concludes successful baseball career
  • The former World Series MVP and Washington Nationals icon, Stephen Strasburg, has officially announced his retirement from baseball, as indicated on the MLB's transaction page.

  • Before the news was published in the transaction column, there were no public announcements made by either the Nationals or Strasburg regarding the decision.

  • As per information provided to Andrew Golden of the Washington Post, Strasburg will defer an unspecified portion of his remaining salary as part of the agreement.

  • In 2009, Washington selected Strasburg as the first overall pick from San Diego State, and he made his Major League debut in less than a year. During his highly anticipated MLB debut at the sold-out Nationals Park, Strasburg struck out 14 batters in seven innings, creating one of the franchise's initial iconic moments since relocating to the capital from Montreal.
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Why You Shouldn’t Let High Interest Rates Seduce You: While increased interest rates are improving the returns on high-yield savings accounts ...
kiplinger.com/personal-finance/high-interest-rates-for-the-long-term
Why You Shouldn’t Let High Interest Rates Seduce You
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At 99 Years Old, Muriel Horacek Has a Calling: Australian Animals: Muriel Horacek has a special fondness for echidnas.
wsj.com/lifestyle/los-angeles-zoo-muriel-horacek-echidnas-92ba1eff
At 99 Years Old, Muriel Horacek Has a Calling: Australian Animals
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‘Can I retire at 64?’ I’m single with about $1 million saved and will inherit $600,000. But I have $38,000 in credit card debt and $3,000-$5 ...
marketwatch.com/picks/can-i-retire-at-64-im-single-with-about-1-million-saved-and-will-inherit-600-000-but-i-have-38-000-in-credit-card-debt-and-3-000-5-000-in-monthly-expenses-who-can-help-0a02ba8e
‘Can I retire at 64?’ I’m single with about $1 million saved and will ...
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‘The 401(k) industry owns Congress’: How lawmakers quietly passed a $300 billion windfall to the wealthy
politico.com/news/2024/04/13/how-your-401k-ate-the-federal-budget-00150319
‘The 401(k) industry owns Congress’: How lawmakers quietly passed a $300 ...
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Retirees Face Significant Tax Bills Due to Fraud: A new report sheds light on how older adult scam victims end up with big tax bills and lost retirement savings.
kiplinger.com/taxes/retirees-face-tax-bills-due-to-theft-losses
Retirees Face Significant Tax Bills Due to Fraud
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Ageing countries benefit from immigrant labour, but workers themselves have difficult retirements
scroll.in/article/1066622/ageing-countries-benefit-from-immigrant-labour-but-workers-themselves-have-difficult-retirements
Ageing countries benefit from immigrant labour, but workers themselves ...
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On This Day, April 16: Wayne Gretzky announces retirement from NHL - UPI.com: On April 16, 1999, hockey legend Wayne Gretzky announced his retirement from the ...
upi.com/Top_News/2024/04/16/On-This-Day-Wayne-Gretzky-announces-retirement-from-NHL/1731713229101/
On This Day, April 16: Wayne Gretzky announces retirement from NHL - UPI ...
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Verne Lundquist Picks Two Favorite Calls From His Legendary Career: The 83-year-old is retiring from sports broadcasting following this weekend's Masters ...
si.com/golf/verne-lundquist-favorite-masters-call-retiring
Verne Lundquist Picks Two Favorite Calls From His Legendary Career
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Tom Brady admits he COULD return to the NFL after finally retiring last year... but seven-time Super...
dailymail.co.uk/sport/nfl/article-13298669/tom-brady-nfl-return-super-bowl.html
Tom Brady admits he COULD return to the NFL after finally retiring last ...
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My teenagers filed taxes for the first time, and they weren’t happy about it: They asked some good questions I couldn’t fully answer — even though I’m a ‘smart ...
marketwatch.com/story/my-teenagers-filed-taxes-for-the-first-time-and-they-werent-happy-about-it-7e843259
My teenagers filed taxes for the first time, and they weren’t happy about ...
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Tahoe ski luminary, who runs Heavenly resort, is retiring: Tom Fortune has shepherded some of Tahoe's premier ski areas through the pandemic ...
sfchronicle.com/tahoe/article/heavenly-ski-leader-retires-19403813.php
Tahoe ski luminary, who runs Heavenly resort, is retiring
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Thousands of Americans retire every day short on cash, friendships and plans. We asked retirees about what they would do differently if given a second chance. Show more
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Darryl Strawberry Surprises Dwight Gooden at Mets’ Number Retirement Ceremony: Strawberry made the appearance after suffering a heart attack last month.
thedailybeast.com/darryl-strawberry-surprises-dwight-gooden-at-mets-number-retirement-ceremony
Darryl Strawberry Surprises Dwight Gooden at Mets’ Number Retirement ...
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President Biden unveils latest student loan forgiveness plan: The proposal would provide debt relief to more than 30 million borrowers when combined with Biden's ...
richmond.com/news/nation-world/government-politics/wisconsin-joe-biden-president-student-loan-forgiveness-deb-madison-election-2024/article_7ee21e1a-6b8d-5ee3-930e-da814ecc30a3.html
President Biden unveils latest student loan forgiveness plan
Quick Glance: Biden Seeks Student Debt Relief
  • The Biden administration unveils plans to erase student debt for millions of Americans to fulfill a 2020 presidential promise.

  • The proposed new program aims to provide targeted relief to specific groups of borrowers, including long-term debt holders and those in financial distress.

  • Over 25 million borrowers are set to benefit from up to $20,000 in interest cancellation, with automatic relief planned for eligible borrowers.

  • In addition to these reliefs, long-term borrowers and those experiencing financial hardships will also receive assistance, with the debt relief process expected to take some time.
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NBA player Dillon Brooks on how he invests the $125 million he’s made: Brooks spoke with MarketWatch about the financial advice he’d give to young people who ...
marketwatch.com/story/nba-player-dillon-brooks-on-how-he-invests-the-125-million-hes-made-and-which-opponent-is-the-hardest-to-defend-1866f165
NBA player Dillon Brooks on how he invests the $125 million he’s made
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$30 billion in benefits are unclaimed each year – this is who’s missing out: Lack of awareness, education and fear are among the biggest barriers
marketwatch.com/story/30-billion-in-benefits-are-unclaimed-each-year-this-is-whos-missing-out-698c52a0
$30 billion in benefits are unclaimed each year – this is who’s missing ...
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21 top ads from retiring BBDO leader David Lubars: From BMW to Sandy Hook Promise, David Lubars helped set the bar for breakthrough work.
adage.com/article/agency-news/21-top-ads-longtime-bbdo-leader-david-lubars/2552986
21 top ads from retiring BBDO leader David Lubars
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The New 'Magic Number' for Retirement Is $1 Million More Than What the Average American Has Saved
entrepreneur.com/business-news/how-much-to-retire-comfortably-heres-the-new-magic-number/472125
The New 'Magic Number' for Retirement Is $1 Million More Than ...
Quick Glance: The Current Retirement Savings Gap and Generational Saving Patterns
  • A recent study revealed that the magic number for retirement in the U.S. has reached a record high of $1.46 million. This amount exceeds by over half a million dollars the magic target of $951,000 reported five years ago.

  • The average retirement savings amount for U.S. adults currently stands at $88,400, which is $10,000 less than the 2021 average. The current gap between retirement goals and average savings amounts to $1.37 million.

  • The retirement magic number varies by generation - Gen Z believes they need $1.63 million to retire comfortably, while Millennials and Gen X aim for $1.65 million and $1.56 million, respectively.

  • The study highlights that Gen Z, on average, starts saving at the age of 22 - 15 years earlier than Boomers and even earlier than Millennials and Gen X, who began at 27 and 31 years old.
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