The introduction of private equity into 401(k) accounts is a controversial and much-debated initiative of the Trump administration. A new survey suggests, however, that most rank-and-file Americans seem to like the idea. Two-thirds of registered voters support policies that expand access to private investments in retirement plans, according to a survey from BlackRock, the world’s largest asset manager. Roughly the same share, 64%, think all retirement plans should allow the same investment options, the ...

Even for those not buying up 401(k)-related firms themselves, a new door is opening.  Stalwarts such as Apollo Global Management Inc., Blackstone Inc., KKR & Co. and Carlyle Group Inc. want to sell their rarefied brand of investing to the masses, and the way is clear. Interviews with dozens of people from across the industry, from private equity executives to individual advisers, show how broad and deep the push is. Some buyout shops see profit in handling retire ...

Key Takeaways The median retirement balance for middle-income workers in their 50s is $112,000, according to Transamerica. Most Americans in their 50s fall well below Fidelity’s suggested target of a 401(k) balance of at least six times salary. Your 50s are prime catch-up years with higher contribution limits. Your 50s are often considered the most important decade for retirement savings. Income is usually at its highest, kids are typically grown, and mortgages are coming off, allowing you to put ...

Core Insights - The article discusses retirement savings, emphasizing that individuals should aim to save eight times their preretirement annual income by age 60, which varies based on personal lifestyle and health factors [1][6] - Baby boomers believe they need an average of $760,000 to retire comfortably, while Gen X expects to need $1.18 million, indicating a significant gap between expectations and actual savings [2][3] Retirement Savings Statistics - The average 401(k) balance for individuals in their 60s was reported at $577,454 as of November 2025, with a median amount of $186,902, highlighting the disparity in retirement savings [5][7] - A survey revealed that 47% of Baby Boomers lack confidence in their ability to retire comfortably, with an additional 11% uncertain about their retirement prospects [3] Retirement Planning Strategies - Individuals can make catch-up contributions to their 401(k), with limits set at $24,500 for 2026, and additional contributions of $11,250 for those aged 60 to 63, totaling $35,750 [12] - Utilizing workplace benefits, such as employer matches on retirement contributions, is recommended to maximize savings [13] - Asset allocation should be adjusted as individuals approach retirement, with a gradual shift from stocks to more conservative investments [15][16] Lifestyle Considerations - Downsizing living situations before retirement can significantly reduce expenses, allowing for increased contributions to retirement accounts [18][19] - Working with a financial advisor can help individuals navigate retirement planning, including understanding the implications of living abroad and tax considerations [22][23]

阿通社2月10日消息，迪拜水电局(DEWA)完成对Empower24亿股收购，持股比例升至80%。该举措强化 了其在区域供冷领域的战略地位，支持迪拜可持续基础设施建设和能源效率提升，符合迪拜长期发展愿 景。 ...

Core Insights - The new "Trump accounts" for children will be initiated with a $1,000 deposit from the U.S. Treasury, with additional contributions from various companies and philanthropists [1][3] - These accounts are designed to encourage early savings for children's futures, with contributions allowed from parents, employers, and others up to $2,500 annually, starting July 5, with a $5,000 cap [2][10] - Charitable organizations and state governments can contribute without counting against the annual limit, with 20 states participating in the initiative [3] Company Contributions - A variety of companies have pledged to match contributions to Trump accounts, including major financial institutions like Bank of America, JPMorgan Chase, and BlackRock [4] - Notable tech companies such as Dell Technologies and Intel are also involved, alongside consumer brands like Chipotle and Uber [8] Philanthropic Engagement - High-profile philanthropists and organizations are contributing to the initiative, with commitments such as $250 for eligible children from families with median incomes below $150,000 [8] - The Citi Foundation has pledged $5 million to enhance program awareness and support enrollment [9] Industry Perspectives - Experts believe that matched savings programs can significantly help families start building assets, with the potential for corporate participation to grow [10][11] - The Trump accounts are seen as a tool to shift the conversation around saving for children's futures, similar to 401(k) plans [10] Comparison with Other Savings Accounts - Trump accounts are compared to existing options like IRAs and 529 plans, with unique features allowing funds to be used for various purposes beyond education [12][14] - While 529 plans have higher contribution limits and tax advantages for education expenses, Trump accounts offer flexibility for home purchases and retirement [13][14]

Reed says it can be a challenge to be the only one left still working among her siblings and friends. They have to plan events around her work schedule.She also can’t afford the $6,000 per year it would cost to insure her home in New Orleans. She’s choosing to risk going without insurance, which means one hurricane could wipe out almost everything she has worked for (1).Today, Reed is on a firmer financial footing. She paid off her house and has income coming in from her two jobs. She receives $3,000 per mo ...

Core Insights - The data indicates that net worth in America increases significantly with age, with the average 50-something American having a net worth of $1.4 million and the average 60-something at $1.6 million, while the average 20-something has only $127,730 [1][2] Wealth Accumulation Factors - Three main factors contribute to the wealth of older Americans: stocks, homes, and time [4] - The S&P 500 has increased by 256% over the past decade, averaging about 13.5% annual growth, which has significantly boosted the net worth of many Americans [4] - Home values have also risen substantially, functioning as a means of building equity over time through mortgage payments and appreciation [7][8] Age-Based Net Worth Breakdown - **20-somethings**: Average net worth is $127,730, with a median of $6,689, often starting with debt from college [13][14] - **30-somethings**: Average net worth is $321,549, with a median of $24,508; many are establishing careers and facing rising expenses [15][16][17] - **40-somethings**: Average net worth is $770,892, with a median of $76,479; this age group begins to see the impact of compounding wealth [19] - **50-somethings**: Average net worth is $1.4 million, with a median of $192,964; peak earning years are common, and many have significant home equity [20] - **60-somethings**: Average net worth is $1.6 million, with a median of $290,920; this group typically has the highest wealth and may be entering retirement [21] - **70-somethings**: Average net worth is $1.5 million, with a median of $232,712; net worth may begin to decline as retirees spend down savings [22]

Group 1 - Retirement savers are interested in investing in private assets within employer-provided retirement plans, but plan sponsors are adopting these options cautiously [1][4] - A report from Cerulli Associates indicates that it will take about a decade for 20% of defined-contribution plans to include target-date products or managed accounts that allocate to private market assets [1] - The appeal of private investments lies in potentially higher returns and diversification, but the actual adoption of these investments is slower than anticipated [2] Group 2 - Concerns regarding fees and potential legal issues are significant factors slowing the adoption of private market assets by plan sponsors, with over 80% citing cost as a major concern [4] - Recent initiatives include Goldman Sachs acquiring a $1 billion stake in T. Rowe Price to facilitate access to private assets for US retirees by mid-2026 through co-branded target-date funds [5] - BlackRock and other major firms like Empower, Voya Financial, and Blue Owl Capital are also planning to offer private equity, credit, and real estate in their retirement portfolios [6]

Core Insights - A Reddit user in their early 40s with over $500,000 in a 401(k) is above the average and median balances for their age group, which are $419,948 and $164,580 respectively [3][4][7] - Federal Reserve data indicates that only 31% of non-retired adults feel their retirement savings are "on track," highlighting a general sense of uncertainty regarding retirement preparedness [3] - The average 401(k) balance across all age groups is approximately $335,000, peaking in the 50s before declining as retirees begin withdrawals [5] Age Comparison - For individuals in their 40s, having a 401(k) balance over $500,000 places them significantly above both the average and median for their age group [4][7] - There are notable disparities within age cohorts, with many individuals in their 40s having balances well below the average, while a smaller group has accumulated significantly more [6] Financial Planning Tools - To assess retirement scenarios based on age, contributions, and spending, individuals can utilize platforms like SmartAsset to connect with fiduciary financial advisors [7] - Some investors are diversifying their retirement savings into precious metals, with options like Gold IRAs available through providers such as American Hartford Gold, requiring a minimum investment of $10,000 [7] - Platforms like SoFi allow users to view their retirement accounts and cash flow together, providing a clearer picture of their overall financial situation without a minimum balance requirement [7]