When a 401(k) balance starts to matter more than a bragging point, people in their 50s start paying attention. This is the decade when retirement savings should be strongest and stocks highest. According to Empower data, the average 401(k) balance for 50-year-olds is $635,320. This looks solid until you see the median balance of $253,454. … Read more
When your income hits six figures but your savings hit zero, something is off. At least that’s how one man sees it—and now he’s ready to ditch the snacks, the streaming, and maybe even the shirts. In a Reddit post titled “AITAH for giving my wife an ultimatum about her ‘job’?”, a man says he … Read more
Shutterstock Moneywise and Yahoo Finance LLC may earn commission or income through links in the content below. Most people are happy to live a middle class lifestyle. But what does middle class mean, anyway? Pew Research Center defines the middle class as having an income that is between two-thirds and twice the national median income. … Read more