Retire with MONEY

We Saved Over $100,000 in Our 401(k) by Age 30. Here's How We Did It by Kara Perez Many Americans struggle with retirement savings. A study by GoBankingRates reports that only about 12% of Americans have $100,000 or more saved for retirement -- and that's among all age groups. But some millennials are bucking the trend and super-saving in their retirement accounts. From a tech worker in the Midwest to a hedge fund manager-turned-blogger, to a commercial real estate worker in Washington, D.C.

How I Became an 'It Girl' on Instagram at 61 -- And Doubled My Online Sales, by Alix Langone Arlinda McIntosh has nearly doubled the sales of her clothing line in the last few years, and she’s done it in a surprising fashion. “In this world, every model is tall and thin and often blonde, and you don’t see older people modeling clothing,” McIntosh, 61, tells MONEY of how she decided to start modeling her own clothing line, Sofistafunk, on Instagram.

The Stealth Productivity Drain on American Workers by Alix Langone If taking care of an aging parent or family member has impacted your career, you’re not alone. According to new research from the Harvard Business School, a full third of American workers reported having to leave a job at some point during the course of their career due to caregiving responsibilities — and one third of those people left specifically to take care of an elderly person with daily living needs.

The IRS Is Making it Easier to Avoid Tax Penalties This Year. Here's How by Martha C. White The IRS urged taxpayers last year to do a “paycheck checkup” to make sure they were withholding enough from their paychecks to satisfy their obligations under the new tax law. But on Wednesday, the agency acknowledged in effect that the changes to the tax code could be confusing and said it would relax the penalty for not withholding enough from paychecks or quarterly estimated payments in 2018.

CAREERS WORK How to Get a Better Job (and Make More Money) Right Now by Kristen Bahler At last count, there were about 7 million open jobs in the U.S. — a near-record high. And while wages are up for everyone, job switchers are raking in more money than those who stay put. So for many workers, the easiest way to get a salary bump this year is to get a new job altogether.

A Big Tax Break for Charitable Giving Disappeared. Here's What You Can Still Do by Elizabeth O'Brien The 2017 Tax Cuts and Jobs Act may have made it harder for many taxpayers to write-off their charitable contributions, but there are ways to get more bang from your charitable buck in this new environment. Your approach will depend in part on your age.

Jack Bogle, Who Revolutionized the Way Millions of Americans Save and Invest, Dies at Age 89 by Pat Regnier John C. Bogle, who founded Vanguard Group and revolutionized the way millions of Americans save and invest, died on Wednesday. He was 89 years old. Bogle’s best-known legacy is the index fund, a low-cost, diversified way to hold stocks or bonds. In an unpredictable market, few investment managers are able to consistently leave their customers, rather than themselves, better off.

How to Keep Making Money When the Stock Market Crashes, According to Experts, by Martha C. White Why is the stock market down today? And why do stocks sometimes rebound the next? The answers to these questions are never simple, or particularly comforting. Lately in particular, the kind of gyrations — and numerous free falls — the stock market has undertaken are enough to give even seasoned investors agita.

Here's a Genius Way to Buy Costco Items Without Being a Member by KARA CUTRUZZULA Pssst, fans of bulk goods and seven-pound tubs of Nutella: You don’t have to be a Costco member to shop at the beloved retailer. Although there are 532 locations across the country (and 767 worldwide), Costco can’t be everywhere. And even if your city does feature a warehouse, it may be inconvenient to make a trip there — or haul the often cartoonishly-sized products home.

Suze Orman's Financial Advice to Cash-Strapped Federal Workers Is Something She's Never Said Before by Elizabeth O'Brien It’s one of the biggest no-nos in personal finance, but Suze Orman is telling federal workers to consider taking out a 401(k) loan if they can’t pay their bills as the government shutdown grinds through its fourth week.