Most people fail to save for retirement adequately. According to statistics, the median U.S. household has only about ...

Bank of America launches new tool to turn retirement savings into a predictable income for employees at no extra cost.

That said, based on 2024 data, Vanguard reports the average 401 (k) balance among savers of all ages today at $148,153. The ...

Investing in mutual funds for retirement is never too late. And the Zacks Mutual Fund Rank can be an excellent tool for investors looking to invest in the best funds. The easiest, most reliable way to ...

Annual survey data show roughly 73 million households own mutual funds, with 86% of mutual fund-owning households citing retirement as a financial goal.

Retirement savers will see a substantial increase in returns by investing in private markets. For example, from 2003 to 2023, private equity returned 15.2% while the S&P 500 returned 9.7%. One ...

American Funds’ parent Capital Group announced that veteran manager Greg Wendt will step off American Funds Smallcap World on June 1, 2025, and retire from the firm at the end of the month. Wendt has ...

Target-date funds may present greater risks than consumers have been aware of, said Laura Pavlenko Lutton, editorial director in Morningstar's mutual fund research group. The funds grew into a $311 ...