401(k) plans

Fg Trade | E+ | Getty ImagesAs older members of Generation X inch toward their golden years, the pressure of retirement saving is on — especially for those sandwiched between the financial burdens of caring for both elderly parents and…

Brauns | E+ | Getty ImagesMost of the respondents fall somewhere in between — 44% said they are comfortable; 34% said they are not great, but not bad; and 15% said they are struggling, according to the rounded results."The real picture…

Patchareeporn Sakoolchai | Moment | Getty ImagesThe BlackRock product, called LifePath Paycheck, aims to make one choice simpler — how to withdraw from lifetime investments — that workers now face after a broad shift from defined benefit…

However, many people in that age range have less than half of that in their 401(k)s.The median 401(k) account balance for Americans in their 50s is $60,900 as of the last quarter of 2023, per Fidelity data provided to CNBC Make It. The…