The retirement calculator tool is designed to address the common question of how much money is needed to retire.

Fact checked by Betsy Petrick Key Takeaways Financial planners typically advise saving enough to replace about 75% of your pre-tax income for retirement.For the median U.S. household income ($83,730), ...

Building a million-dollar 401(k) has become more achievable than ever. In 2024, the number of Fidelity-managed 401(k) accounts with seven-figure balances grew to 537,000, a 27% increase from the year ...

Most people can’t do compound interest calculations in their head. But understanding exactly how quickly your money is growing (or shrinking) over time is crucial when you’re developing your financial ...