{"id":953188,"date":"2026-07-23T03:22:36","date_gmt":"2026-07-23T03:22:36","guid":{"rendered":"https:\/\/www.europesays.com\/us\/953188\/"},"modified":"2026-07-23T03:22:36","modified_gmt":"2026-07-23T03:22:36","slug":"the-average-retirement-savings-in-america-by-age-60-are-you-ready-to-retire-or-way-behind","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/953188\/","title":{"rendered":"The average retirement savings in America by age 60: Are you ready to retire or way behind?"},"content":{"rendered":"<p>    <a href=\"https:\/\/s.yimg.com\/lo\/mysterio\/api\/18A4C2EB1301D1881236F05CFA57EF71148997184ADA2317CC79FA31DAD90B78\/subgraphmysterio\/resizefit_w960;quality_80;format_webp\/https:%2F%2Fmedia.zenfs.com%2Fen%2Fmoneywise_ecomm_711%2Fe3aa86df53cc40b6a468a0bbcc51efb4\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"><img loading=\"lazy\" decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\"Happy senior couple hiking in autumn forest.\" height=\"540\" width=\"960\" class=\"yf-lf2kr7 loader\"\/><\/a> Photo by Halfpoint \/ Shutterstock           <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">If you&#8217;re approaching age 60, or passed that milestone a few years ago, the good news is that you&#8217;re part of the wealthiest generation in history. With combined assets worth $85 trillion, Baby Boomers are the richest age cohort, according to the Washington Post (1).  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">The bad news is that this colossal pile of money is unevenly distributed.  <\/p>\n<p>        Must Read          <\/p>\n<ul class=\"yf-1jsc1up\">\n<li class=\"yf-1jsc1up\">\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">JPMorgan still sees gold hitting $5,000\/oz by Q4 \u2014 and savvy investors are protecting their wealth with a tax-advantaged Gold IRA. <a href=\"https:\/\/moneywise.com\/c\/1\/463\/2109?placement_syn=placement-one&amp;utm_source=syn_yahoofinance_mon_aff&amp;utm_medium=DL&amp;utm_campaign=205578&amp;utm_content=syn_67e63f82-9644-4376-888c-24a1867041ff\" data-ylk=\"slk:Learn%20more%20with%20a%20free%20guide;elm:affiliate_link;itc:0;sec:content-canvas;elmt:premonetized;pkgt:horizontal-editorial;subsec:commlist;source:content-canvas%20commlist\" data-yga=\"{&quot;yLinkText&quot;:&quot;Learn more with a free guide&quot;,&quot;yLinkElement&quot;:&quot;affiliate_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkElementType&quot;:&quot;premonetized&quot;,&quot;yPackageType&quot;:&quot;horizontal-editorial&quot;,&quot;ySubModuleName&quot;:&quot;commlist&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas commlist&quot;,&quot;yHasCommerce&quot;:true}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Learn more with a free guide<\/a> from Priority Gold  <\/p>\n<\/li>\n<\/ul>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Some Baby Boomers are entering retirement with barely any savings, or even worse: enormous debt. Others have just enough to enable a modest retirement, but no room for error or luxuries. And a small cohort at the top has a disproportionate share of this massive fortune.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">So, where do you stand? Here&#8217;s a closer look at the average and median retirement savings for Americans in their 60s as of 2026.  <\/p>\n<p>            Average wealth for 60-year-olds          <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">A typical American adult has roughly $547,840 in retirement savings, as of March 2026, according to data from the Empower Personal Dashboard (2).  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">However, this is the average for all age groups. For those in their 60s, the average balance is significantly higher: $1,228,196.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Simply put, you need to be at least a millionaire to be considered average in this age group.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">However, this number doesn&#8217;t paint the full picture. Average wealth is significantly skewed by a small group of ultra-wealthy millionaires and billionaires. The 62-year-old Jeff Bezos, alone, probably moves the needle here with his $269 billion fortune, according to Bloomberg (3).  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">For a more accurate representation of wealth, median retirement savings could be a better measure.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">According to Empower, the median wealth for someone in their 60s is $568,116. If you have at least that much saved up for retirement, you&#8217;re ahead of 50% of people in your age group.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Whether you&#8217;re above or below this threshold should probably shape your financial plans for the next few years. Here&#8217;s how you can either catch up or continue building momentum.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><strong>Read More: <\/strong><a href=\"https:\/\/moneywise.com\/investing\/alternative-investments\/rich-young-americans?placement_syn=placement-two&amp;utm_source=syn_yahoofinance_mon_aff&amp;utm_medium=WL&amp;utm_campaign=205578&amp;utm_content=syn_f72076a0-208c-418b-9f53-9d1e7edfe79b\" data-ylk=\"slk:Millionaires%20under%2043%20hold%20only%2025%25%20of%20their%20wealth%20in%20stocks.%20Here&#039;s%20where%20their%20money%20is%20actually%20going;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;Millionaires under 43 hold only 25% of their wealth in stocks. Here&#039;s where their money is actually going&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"><strong>Millionaires under 43 hold only 25% of their wealth in stocks. Here&#8217;s where their money is actually going<\/strong><\/a>  <\/p>\n<p>         How to catch up         <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">If retirement is imminent, your appetite for risk has potentially diminished.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">At this stage, you need a reliable way to boost savings. Delaying your retirement and Social Security claim by a few years, for example, could be the &#8220;safe&#8221; bet you&#8217;re seeking.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Similarly, instruments like a Certificate of Deposit (CD) can help you lock in a fixed rate of return for a short- or medium-term. The key is to find an attractive rate. And platforms like <a href=\"https:\/\/moneywise.com\/c\/1\/443\/2104?placement=1&amp;utm_source=syn_yahoofinance_mon_aff&amp;utm_medium=DL&amp;utm_campaign=205578&amp;utm_content=syn_0eeea543-e621-4633-a5e9-568b59b91773\" data-ylk=\"slk:CD%20Valet;elm:affiliate_link;itc:0;sec:content-canvas;elmt:premonetized;pkgt:horizontal-editorial;subsec:commlist;source:content-canvas%20commlist\" data-yga=\"{&quot;yLinkText&quot;:&quot;CD Valet&quot;,&quot;yLinkElement&quot;:&quot;affiliate_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkElementType&quot;:&quot;premonetized&quot;,&quot;yPackageType&quot;:&quot;horizontal-editorial&quot;,&quot;ySubModuleName&quot;:&quot;commlist&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas commlist&quot;,&quot;yHasCommerce&quot;:true}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">CD Valet<\/a> can help you find higher-yield options that work for you, whether you&#8217;re saving for something soon or building a cushion for the long haul.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">CD Valet <a href=\"https:\/\/moneywise.com\/c\/1\/443\/2104?placement=2&amp;utm_source=syn_yahoofinance_mon_aff&amp;utm_medium=DL&amp;utm_campaign=205578&amp;utm_content=syn_c7a12177-cdad-4b68-a770-b11cbac0f852\" data-ylk=\"slk:tracks%20over%2040%2C000%20verified%20rates%20from%20FDIC-insured%20banks%20and%20NCUA-insured%20credit%20unions%20nationwide;elm:affiliate_link;itc:0;sec:content-canvas;elmt:premonetized;pkgt:horizontal-editorial;subsec:commlist;source:content-canvas%20commlist\" data-yga=\"{&quot;yLinkText&quot;:&quot;tracks over 40,000 verified rates from FDIC-insured banks and NCUA-insured credit unions nationwide&quot;,&quot;yLinkElement&quot;:&quot;affiliate_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkElementType&quot;:&quot;premonetized&quot;,&quot;yPackageType&quot;:&quot;horizontal-editorial&quot;,&quot;ySubModuleName&quot;:&quot;commlist&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas commlist&quot;,&quot;yHasCommerce&quot;:true}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">tracks over 40,000 verified rates from FDIC-insured banks and NCUA-insured credit unions nationwide<\/a>. Unlike other websites, they show every publicly available rate, ensuring you have a comprehensive view of the market.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Plus, their CD rates are updated continuously, so you can <a href=\"https:\/\/moneywise.com\/c\/1\/443\/2104?placement=3&amp;utm_source=syn_yahoofinance_mon_aff&amp;utm_medium=DL&amp;utm_campaign=205578&amp;utm_content=syn_b094e92e-95b1-4e76-9e64-2fbdfc9b2abb\" data-ylk=\"slk:shop%2C%20compare%20and%20open%20CDs%20with%20ease%20and%20confidence;elm:affiliate_link;itc:0;sec:content-canvas;elmt:premonetized;pkgt:horizontal-editorial;subsec:commlist;source:content-canvas%20commlist\" data-yga=\"{&quot;yLinkText&quot;:&quot;shop, compare and open CDs with ease and confidence&quot;,&quot;yLinkElement&quot;:&quot;affiliate_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkElementType&quot;:&quot;premonetized&quot;,&quot;yPackageType&quot;:&quot;horizontal-editorial&quot;,&quot;ySubModuleName&quot;:&quot;commlist&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas commlist&quot;,&quot;yHasCommerce&quot;:true}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">shop, compare and open CDs with ease and confidence<\/a>.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Rental income from real estate could also be an option worth considering.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">You don&#8217;t need six figures to get started when platforms like <a href=\"https:\/\/moneywise.com\/c\/1\/276\/1358?placement=4&amp;utm_source=syn_yahoofinance_mon_aff&amp;utm_medium=DL&amp;utm_campaign=205578&amp;utm_content=syn_e23a5a2f-3b7e-4793-94b6-6bd01f30aa13\" data-ylk=\"slk:Arrived;elm:affiliate_link;itc:0;sec:content-canvas;elmt:premonetized;pkgt:horizontal-editorial;subsec:commlist;source:content-canvas%20commlist\" data-yga=\"{&quot;yLinkText&quot;:&quot;Arrived&quot;,&quot;yLinkElement&quot;:&quot;affiliate_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkElementType&quot;:&quot;premonetized&quot;,&quot;yPackageType&quot;:&quot;horizontal-editorial&quot;,&quot;ySubModuleName&quot;:&quot;commlist&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas commlist&quot;,&quot;yHasCommerce&quot;:true}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Arrived<\/a> help you buy fractional shares of robust cash-flowing properties.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Backed by world-class investors, including Jeff Bezos, Arrived allows you to <a href=\"https:\/\/moneywise.com\/c\/1\/276\/1358?placement=5&amp;utm_source=syn_yahoofinance_mon_aff&amp;utm_medium=DL&amp;utm_campaign=205578&amp;utm_content=syn_43792281-3650-48db-ae1d-25a92d2eb828\" data-ylk=\"slk:invest%20in%20shares%20of%20vacation%20and%20rental%20properties;elm:affiliate_link;itc:0;sec:content-canvas;elmt:premonetized;pkgt:horizontal-editorial;subsec:commlist;source:content-canvas%20commlist\" data-yga=\"{&quot;yLinkText&quot;:&quot;invest in shares of vacation and rental properties&quot;,&quot;yLinkElement&quot;:&quot;affiliate_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkElementType&quot;:&quot;premonetized&quot;,&quot;yPackageType&quot;:&quot;horizontal-editorial&quot;,&quot;ySubModuleName&quot;:&quot;commlist&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas commlist&quot;,&quot;yHasCommerce&quot;:true}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">invest in shares of vacation and rental properties<\/a>, earning a passive income stream without the extra work that comes with being a landlord of your own rental property.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">To get started, simply <a href=\"https:\/\/moneywise.com\/c\/1\/276\/1358?placement=6&amp;utm_source=syn_yahoofinance_mon_aff&amp;utm_medium=DL&amp;utm_campaign=205578&amp;utm_content=syn_0e480598-f97a-4283-abd1-12ab76279c21\" data-ylk=\"slk:browse%20their%20selection%20of%20vetted%20properties;elm:affiliate_link;itc:0;sec:content-canvas;elmt:premonetized;pkgt:horizontal-editorial;subsec:commlist;source:content-canvas%20commlist\" data-yga=\"{&quot;yLinkText&quot;:&quot;browse their selection of vetted properties&quot;,&quot;yLinkElement&quot;:&quot;affiliate_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkElementType&quot;:&quot;premonetized&quot;,&quot;yPackageType&quot;:&quot;horizontal-editorial&quot;,&quot;ySubModuleName&quot;:&quot;commlist&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas commlist&quot;,&quot;yHasCommerce&quot;:true}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">browse their selection of vetted properties<\/a>, each picked for their potential appreciation and income generation. Once you choose a property, you can <a href=\"https:\/\/moneywise.com\/c\/1\/276\/1358?placement=7&amp;utm_source=syn_yahoofinance_mon_aff&amp;utm_medium=DL&amp;utm_campaign=205578&amp;utm_content=syn_26fd23a2-d321-4593-8e99-d84df514cfd1\" data-ylk=\"slk:start%20investing%20with%20as%20little%20as%20%24100;elm:affiliate_link;itc:0;sec:content-canvas;elmt:premonetized;pkgt:horizontal-editorial;subsec:commlist;source:content-canvas%20commlist\" data-yga=\"{&quot;yLinkText&quot;:&quot;start investing with as little as $100&quot;,&quot;yLinkElement&quot;:&quot;affiliate_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkElementType&quot;:&quot;premonetized&quot;,&quot;yPackageType&quot;:&quot;horizontal-editorial&quot;,&quot;ySubModuleName&quot;:&quot;commlist&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas commlist&quot;,&quot;yHasCommerce&quot;:true}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">start investing with as little as $100<\/a>.  <\/p>\n<p>       Are you ahead?         <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">If you&#8217;re a multimillionaire in your 60s, your top priority is preserving wealth. That means careful tax planning and diligent diversification.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">A gold IRA, for instance, could help you combine the &#8220;safe haven&#8221; aspects of this precious metal with the tax advantages of a traditional IRA. Platforms like <a href=\"https:\/\/moneywise.com\/c\/1\/236\/1233?placement=8&amp;utm_source=syn_yahoofinance_mon_aff&amp;utm_medium=DL&amp;utm_campaign=205578&amp;utm_content=syn_0653f2c2-f029-42e1-9a40-3b236696b52f\" data-ylk=\"slk:Goldco;elm:affiliate_link;itc:0;sec:content-canvas;elmt:premonetized;pkgt:horizontal-editorial;subsec:commlist;source:content-canvas%20commlist\" data-yga=\"{&quot;yLinkText&quot;:&quot;Goldco&quot;,&quot;yLinkElement&quot;:&quot;affiliate_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkElementType&quot;:&quot;premonetized&quot;,&quot;yPackageType&quot;:&quot;horizontal-editorial&quot;,&quot;ySubModuleName&quot;:&quot;commlist&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas commlist&quot;,&quot;yHasCommerce&quot;:true}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Goldco<\/a> can facilitate these accounts so that you can hold either gold ETFs or physical gold in a tax shield.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">With a minimum purchase of $10,000, Goldco offers free shipping and access to a library of retirement resources. Plus, the company will <a href=\"https:\/\/moneywise.com\/c\/1\/236\/1233?placement=9&amp;utm_source=syn_yahoofinance_mon_aff&amp;utm_medium=DL&amp;utm_campaign=205578&amp;utm_content=syn_37f7825e-021f-4ec0-a2da-2b58ffe34e21\" data-ylk=\"slk:match%20up%20to%2010%25%20of%20qualified%20purchases%20in%20free%20silver;elm:affiliate_link;itc:0;sec:content-canvas;elmt:premonetized;pkgt:horizontal-editorial;subsec:commlist;source:content-canvas%20commlist\" data-yga=\"{&quot;yLinkText&quot;:&quot;match up to 10% of qualified purchases in free silver&quot;,&quot;yLinkElement&quot;:&quot;affiliate_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkElementType&quot;:&quot;premonetized&quot;,&quot;yPackageType&quot;:&quot;horizontal-editorial&quot;,&quot;ySubModuleName&quot;:&quot;commlist&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas commlist&quot;,&quot;yHasCommerce&quot;:true}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">match up to 10% of qualified purchases in free silver<\/a>.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">If you&#8217;re curious whether this is the right investment to diversify your portfolio, you can <a href=\"https:\/\/moneywise.com\/c\/1\/236\/1233?placement=10&amp;utm_source=syn_yahoofinance_mon_aff&amp;utm_medium=DL&amp;utm_campaign=205578&amp;utm_content=syn_cde70f4b-a8a7-4a67-97d0-ef0c5d170f57\" data-ylk=\"slk:download%20your%20free%20gold%20and%20silver%20information%20guide%20today;elm:affiliate_link;itc:0;sec:content-canvas;elmt:premonetized;pkgt:horizontal-editorial;subsec:commlist;source:content-canvas%20commlist\" data-yga=\"{&quot;yLinkText&quot;:&quot;download your free gold and silver information guide today&quot;,&quot;yLinkElement&quot;:&quot;affiliate_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkElementType&quot;:&quot;premonetized&quot;,&quot;yPackageType&quot;:&quot;horizontal-editorial&quot;,&quot;ySubModuleName&quot;:&quot;commlist&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas commlist&quot;,&quot;yHasCommerce&quot;:true}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">download your free gold and silver information guide today<\/a>.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">As for minimizing taxes, you don&#8217;t need to familiarize yourself with the lengthy and ever-changing tax code. Hiring a financial advisor, potentially backed by a reputable financial brand, could be one of the savviest moves for wealthy retirees.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">If you prefer a hands-off, tech-forward approach to building wealth, <a href=\"https:\/\/moneywise.com\/c\/1\/258\/2110?placement=11&amp;utm_source=syn_yahoofinance_mon_aff&amp;utm_medium=DL&amp;utm_campaign=205578&amp;utm_content=syn_af735b32-2e62-4dc3-b5e4-819020f46806\" data-ylk=\"slk:Vanguard%E2%80%99s%20Digital%20Advisor;elm:affiliate_link;itc:0;sec:content-canvas;elmt:premonetized;pkgt:horizontal-editorial;subsec:commlist;source:content-canvas%20commlist\" data-yga=\"{&quot;yLinkText&quot;:&quot;Vanguard\u2019s Digital Advisor&quot;,&quot;yLinkElement&quot;:&quot;affiliate_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkElementType&quot;:&quot;premonetized&quot;,&quot;yPackageType&quot;:&quot;horizontal-editorial&quot;,&quot;ySubModuleName&quot;:&quot;commlist&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas commlist&quot;,&quot;yHasCommerce&quot;:true}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Vanguard&#8217;s Digital Advisor<\/a> puts the investing expertise of one of the world&#8217;s largest asset managers right at your fingertips.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">It takes the guesswork out of investing by building a personalized portfolio for you using <a href=\"https:\/\/moneywise.com\/c\/1\/258\/2110?placement=12&amp;utm_source=syn_yahoofinance_mon_aff&amp;utm_medium=DL&amp;utm_campaign=205578&amp;utm_content=syn_d774e216-a9ee-4ad6-9230-25d959974f45\" data-ylk=\"slk:Vanguard%E2%80%99s%20well-known%20low-cost%20ETFs%20and%20mutual%20funds;elm:affiliate_link;itc:0;sec:content-canvas;elmt:premonetized;pkgt:horizontal-editorial;subsec:commlist;source:content-canvas%20commlist\" data-yga=\"{&quot;yLinkText&quot;:&quot;Vanguard\u2019s well-known low-cost ETFs and mutual funds&quot;,&quot;yLinkElement&quot;:&quot;affiliate_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkElementType&quot;:&quot;premonetized&quot;,&quot;yPackageType&quot;:&quot;horizontal-editorial&quot;,&quot;ySubModuleName&quot;:&quot;commlist&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas commlist&quot;,&quot;yHasCommerce&quot;:true}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Vanguard&#8217;s well-known low-cost ETFs and mutual funds<\/a> \u2014 then keeps things running smoothly with automatic rebalancing.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">The platform also offers guidance on saving for retirement and lets you set additional goals as your life evolves.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">It can even help you think through debt repayment strategies, potentially freeing up more cash to invest toward your long-term plans.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">With a <a href=\"https:\/\/moneywise.com\/c\/1\/258\/2110?placement=13&amp;utm_source=syn_yahoofinance_mon_aff&amp;utm_medium=DL&amp;utm_campaign=205578&amp;utm_content=syn_7bff33eb-1d99-457e-90c5-bcd21f579013\" data-ylk=\"slk:minimum%20investment%20of%20just%20%24100;elm:affiliate_link;itc:0;sec:content-canvas;elmt:premonetized;pkgt:horizontal-editorial;subsec:commlist;source:content-canvas%20commlist\" data-yga=\"{&quot;yLinkText&quot;:&quot;minimum investment of just $100&quot;,&quot;yLinkElement&quot;:&quot;affiliate_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkElementType&quot;:&quot;premonetized&quot;,&quot;yPackageType&quot;:&quot;horizontal-editorial&quot;,&quot;ySubModuleName&quot;:&quot;commlist&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas commlist&quot;,&quot;yHasCommerce&quot;:true}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">minimum investment of just $100<\/a>, it&#8217;s an easy way to get started with professionally guided investing.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">For every $10,000 in an all-index portfolio, you&#8217;ll pay approximately $15 to $16 per year.*  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">You can even <a href=\"https:\/\/moneywise.com\/c\/1\/258\/2110?placement=14&amp;utm_source=syn_yahoofinance_mon_aff&amp;utm_medium=DL&amp;utm_campaign=205578&amp;utm_content=syn_4cbc09e3-15d1-4ff2-82b6-3c5580aaa5d2\" data-ylk=\"slk:test-drive%20the%20Vanguard%20experience;elm:affiliate_link;itc:0;sec:content-canvas;elmt:premonetized;pkgt:horizontal-editorial;subsec:commlist;source:content-canvas%20commlist\" data-yga=\"{&quot;yLinkText&quot;:&quot;test-drive the Vanguard experience&quot;,&quot;yLinkElement&quot;:&quot;affiliate_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkElementType&quot;:&quot;premonetized&quot;,&quot;yPackageType&quot;:&quot;horizontal-editorial&quot;,&quot;ySubModuleName&quot;:&quot;commlist&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas commlist&quot;,&quot;yHasCommerce&quot;:true}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">test-drive the Vanguard experience<\/a> with no advisory fees for the first 90 days.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">*All investing is subject to risk, including the possible loss of the money you invest.  <\/p>\n<p>       You May Also Like                        <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Join 250,000+ readers and get Moneywise&#8217;s best stories and exclusive interviews first \u2014 clear insights curated and delivered weekly. <a href=\"https:\/\/moneywise.com\/subscription?placement_syn=placement-three&amp;utm_source=syn_yahoofinance_mon_aff&amp;utm_medium=WL&amp;utm_campaign=205578&amp;utm_content=syn_f770bdb6-f3fc-425f-a507-dd0b0f76fa56\" data-ylk=\"slk:Subscribe%20now;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;Subscribe now&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"><strong>Subscribe now<\/strong><\/a>.  <\/p>\n<p>       Article Sources         <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">We rely only on vetted sources and credible third-party reporting. For details, see our <a href=\"https:\/\/moneywise.com\/editorial-ethics-and-guidelines?utm_medium=WL&amp;utm_source=syn_yahoofinance_mon_aff&amp;utm_campaign=205578&amp;utm_content=syn_646e79e7-ae36-4317-8b14-9590121cf003\" data-ylk=\"slk:ethics%20and%20guidelines;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;ethics and guidelines&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">ethics and guidelines<\/a>.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">The Washington Post (<a href=\"https:\/\/www.washingtonpost.com\/business\/2025\/11\/18\/baby-boomer-wealth\/\" data-ylk=\"slk:1;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;1&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">1<\/a>); Empower (<a href=\"https:\/\/www.empower.com\/the-currency\/money\/average-retirement-savings-by-age\" data-ylk=\"slk:2;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;2&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">2<\/a>); Bloomberg (<a href=\"https:\/\/www.bloomberg.com\/billionaires\/\" data-ylk=\"slk:3;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;3&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">3<\/a>)  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">This article provides information only and should not be construed as advice. It is provided without warranty of any kind.  <\/p>\n","protected":false},"excerpt":{"rendered":"Photo by Halfpoint \/ Shutterstock Moneywise and Yahoo Finance LLC may earn commission or revenue through links in&hellip;\n","protected":false},"author":3,"featured_media":953189,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[15],"tags":[658,64,4061,255,700,696,383580,115632,67,132,68],"class_list":["post-953188","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-baby-boomers","tag-business","tag-jeff-bezos","tag-personal-finance","tag-retirement","tag-retirement-savings","tag-tax-advantages","tag-the-washington-post","tag-united-states","tag-unitedstates","tag-us"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/116967148554225062","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/953188","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=953188"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/953188\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/953189"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=953188"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=953188"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=953188"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}