Browsing: Savings

Household bills cost Americans an average of $29,459 per year or roughly 42% of the average take-home income, a recent report said.  Overall, U.S. households spent…

The average account balance for self-directed 401(k)s grew to $280,099 for the fourth quarter of 2022, up by 2.45% from the previous quarter, according to a…

The challenge of paying off thousands of dollars of debt can be daunting for many Americans.  One Texas woman paid off $70,000 in debt in just…

American workers are receiving some “very encouraging” news about their retirement futures, with one generation, in particular, that’s most set up for success thanks to a…

Many Americans plan to save less than $5000 this year and are relying on their tax refunds to build rainy day funds, according to a recent…

The average American’s Retirement Score has dropped to 78, a decrease from its 2020 all-time high of 83, according to the latest Retirement Savings Assessment report…

As Americans cope with high inflation, many said their stress levels were at an all-time high, according to a recent survey by Clever Real Estate.  In…

The Federal Reserve is expected to raise interest rates by another 25 basis points during its May meeting, according to economists polled by Reuters.  The move…

The average 30-year fixed-rate mortgage rate increased to 6.43% for the week ending April 27, 2023, according to the latest Freddie Mac data. That’s up from…

Bank deposits dropped by $76.2 billion for in mid-April, according to seasonally adjusted data released by the Federal Reserve. Although large and foreign financial institutions saw…