Retirement Archives - New Trader U

5 Steps For Middle-Class Savers To Grow a Million-Dollar Nest Egg by 50

Building substantial wealth on a middle-class income isn’t just possible—it’s achievable with the right strategy and discipline. While reaching seven figures by age 50 requires commitment, these five proven steps can help ordinary earners create extraordinary financial outcomes through thoughtful planning and consistent execution. It all starts with having money left over to convert to […]

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Average 401(k) Balance by Age (2025 Edition): Are You Behind?

net worth, Retirement, Wealth / Steve Burns

Retirement readiness remains one of the most pressing financial concerns for Americans across all age groups. As we navigate the economic landscape of 2025, understanding where you stand compared to your peers can provide valuable context for your retirement planning. The good news? According to Vanguard’s latest report, the average 401 (k) balance increased by

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10 Signs You Will Have A Comfortable Middle-Class Retirement

Retirement, Wealth / Steve Burns

Planning for retirement can feel overwhelming at times. With changing economic landscapes, increasing lifespans, and shifts in traditional pension structures, many Americans wonder if they’re on track for financial security in their later years. While retirement looks different for everyone, specific indicators suggest you’re heading toward a comfortable middle-class retirement. This article explores ten key

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If You Really Want to Retire as a Middle-Class Millionaire, Do These Five Things

Retirement, Wealth / Steve Burns

The path to becoming a millionaire isn’t reserved for the elite or those born into wealth. For many middle-class Americans, reaching millionaire status by retirement is achievable through consistent, strategic decisions that compound over time. Here are five proven strategies for building lasting wealth through innovative planning, disciplined execution, and a long-term mindset. 1. Choose

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Retirement on a Budget: 10 Affordable Places to Live Your Best Life

Retirement / Steve Burns

Retirement should be a time to relax, explore new horizons, and enjoy the fruits of your labor. However, many retirees are concerned about stretching their savings while maintaining a high quality of life. The good news is that there are numerous affordable destinations across the United States where you can live your best life without

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Retirees: 8 Signs You Are Richer Than You Think

Retirement / Steve Burns

After decades of hard work, you’ve finally retired. But, like many retirees, you might constantly worry about your financial situation. Are your savings enough? Will you outlive your money? While it’s natural to be concerned, there’s a good chance you’re in a better financial position than you realize. Let’s explore eight signs that indicate you

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7 Surprising Indicators You’re on Track for a Cushy Middle-Class Retirement

Retirement / Steve Burns

Retirement planning can often feel like a complex puzzle, leaving many middle-class Americans wondering if they’re on the right track. While traditional markers like account balances and savings rates are essential, several surprising indicators indicate that you might be better prepared for a more comfortable retirement than you think. Let’s explore seven unexpected signs that

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12 Affordable Coastal Paradises for Retirees Who Love the Ocean

Retirement / Steve Burns

Retirement is a time to relax, enjoy life, and perhaps fulfill long-held dreams of living by the ocean. For many retirees, the sound of crashing waves and the smell of salt air represent the perfect backdrop for their golden years. However, coastal living often comes with a hefty price tag. Fear not! We’ve compiled a

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The Middle-Class Trap That Stops You From Retiring Early

The Middle-Class Traps That Stop You From Retiring Early

Retirement / Steve Burns

Many dream of early retirement, but certain financial behaviors and decisions can prevent middle-class individuals from achieving this goal. These “middle-class traps” can silently erode wealth and delay retirement plans. Understanding and avoiding these pitfalls can significantly improve your chances of financial independence and early retirement. Let’s explore eight common traps hindering your path to

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