Today's high interest rates mean you can earn big returns on your savings balance — but not everyone is reaping the benefits. According to the latest data from the FDIC, the national average savings ...

With eight years of experience as a financial journalist and editor and a degree in economics, Elizabeth Aldrich has worked on thousands of articles within the realm of banking, economics, credit ...

David McMillin writes about credit cards, mortgages, banking, taxes and travel. Based in Chicago, he writes with one objective in mind: Help readers figure out how to save more and stress less. He is ...

Our team reviewed 154 of the country’s largest and most prominent financial institutions, from big banks like Chase and Bank of America to credit unions like Navy Federal Credit Union and PenFed ...

If so, that could mean the average national deposit rate for savings accounts — which is currently a dismal 0.40% — could get ...

In 2023, Americans had an average personal savings balance of $65,100, according to Northwestern Mutual's Planning & Progress Study. While this average indicates a healthy savings culture, it's ...

The average 401(k) balance after 15 years of continuous saving is over $500,000, according to a recent Fidelity survey. The typical American probably has a lot less, but survey limitations meant ...

Vanguard recently published data pulling from 5 million retirement accounts. While there's no single right way to save, insights from Vanguard's report can help guide you. With so many different ...

Are you curious how your savings stack up to other Americans? According to the Federal Reserve’s most recent Survey of Consumer Finances, the median savings account balance for all families was $8,000 ...

Saving for retirement takes decades, and at first it can be slow going. Most young workers don't have a lot of extra cash and their portfolio's value creeps up slowly. But over time, as they hold ...