Average Retirement Savings: Are You Normal?

+ How Different Generations Spend Money [SmartAsset]( For smart financial decisions. [Man with baby]( TAX SMARTS [How Many Allowances Should You Claim?]( Now that the allowances section of the W-4 has been eliminated, we discuss how you can approach tax withholding based on your individual situation. [LEARN MORE]( FEATURED TOOL [Tax Return Calculator]( The start of a new year means it’s time to file your federal tax return. Use this calculator to model your 2019 taxes and estimate any balance due or refund expected. Rates and information have been updated for the 2019-2020 tax filing season. [TRY IT]( RETIREMENT [Average Retirement Savings: Are You Normal?]( Knowing how your own retirement savings compare to the rest of the country can be helpful. It can put your mind at ease to know that you’re ahead of curve – or let you know that you need to pick up the pace. [FIND OUT]( 2020 SMARTASSET STUDY [How Different Generations Spend Money]( We analyzed expenditure data and found demonstrated differences in the outlays of the 3 largest living generations in the United States. [LEARN MORE]( Trending Now REAL ESTATE [5 Mistakes to Avoid When Paying Off Your Mortgage Early]( Paying off your mortgage ahead of schedule could be a good idea if you want to save money on interest. But if you’re planning to take that approach, it’s important to avoid the pitfalls that some homeowners run into. [READ MORE]( PERSONAL FINANCE [7 Situations When You Need a Financial Advisor Most]( Do you know enough about financial management to take care of all of your investing on your own? Here are 7 instances where you should seek the advice of a professional. [LEARN MORE]( TIP OF THE WEEK The Value of Working with a Financial Advisor The value of working with a financial advisor varies by person and advisors are legally prohibited from promising returns, but research suggests average additional investment returns can range from 1.5% to 4% more each year. Make sure your investing strategy is still calibrated to your goals. [Match with 3 fiduciary advisors now.]( [GET MATCHED]( [HOME BUYING]( | [TAXES]( | [RETIREMENT]( | [MORE]( [SmartAsset]( Empowering people to make smart financial decisions. You are receiving this email because you are subscribed to the SmartReads newsletter. 632 Broadway New York, NY 10012 [View in browser]( | [Unsubscribe](