Less than half of Americans know how much they’ll need to save for their retirement, according to the U.S. Department of Labor. The amount depends on things like when you decide to leave the workforce, the type of retirement lifestyle you’re planning, where you’ll live and your health. The bottom line, however, is that it’s never too early or late to begin saving for retirement. Here are some ideas to get you started:
Nothing says “holiday shopping” quite like the four-day weekend from Black Friday to Cyber Monday. According to the National Retail Federation, consumers spent $59.1 billion on 2012 during the busiest shopping weekend of the year. While 10% of shoppers rushed to the stores right after finishing their Thanksgiving dinners, others waited until Cyber Monday, with online shopping peaking at 11:25 a.m. EST. Whether you plan to shop in-store or online, check out this infographic for more fun Cyber Monday and Black Friday statistics.
With the traditional holiday shopping season upon us, some retailers are opening on Thanksgiving Day to kick-start early Black Friday deals, while most stores are sticking to a Friday opening. Online sales during Cyber Monday saw a 30% increase in 2012 – a percentage expected to rise this year, according to IBM Digital Analytics. Here’s a by-the-numbers look at Black Friday and Cyber Monday: