From Nasdaq: 2025-06-11 03:18:00

Many retirees rely heavily on Social Security, but it’s crucial to save independently for retirement. Utilizing an IRA is a smart move to secure your financial future. IRA balances have seen a 4% decline to $121,983 in the first quarter of 2025, likely due to market volatility. To grow your IRA, consider investing in stocks, cutting costs, and automating contributions. Don’t panic if your balance is lower than average – focus on long-term growth. Explore strategies to maximize Social Security benefits for a more secure retirement income. Don’t overlook the importance of saving for retirement independently.



Read more at Nasdaq: Here’s the Average IRA Balance Today. How Does Yours Stack Up?