- One in five Americans over 50 have no retirement savings, while the median savings for those aged 55-64 is only $185,000, according to the AARP and Federal Reserve. It’s never too late to boost savings: here are four tips to secure your nest egg.
- Working with financial advisors can increase net returns by 3%, says Vanguard. Free online services like Advisor.com simplify finding trusted advisors based on credentials and experience. A Gold IRA is also a smart alternative to protect retirement savings amid economic volatility.
- Opening a Gold IRA with Thor Metals offers access to the stable commodity and significant tax advantages. Gold IRAs allow holding physical gold within a retirement account, combining IRA tax benefits with gold’s protective value. Get a free guide to learn more and potentially earn up to $20,000 in free metals.
- Acorns rounds up card purchases to invest the extra change in a smart portfolio, potentially saving $900 per year. Real estate investment shares are also available through Arrived, backed by Jeff Bezos, for passive rental income. Join Moneywise for free weekly financial tips and updates.
Read more at Yahoo Finance: Here’s how much the average 60-year-old American has saved for retirement