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The Latest Breaking News from Empower

D.C. Will Arrest This CEO if His Rideshare Alternative Doesn't Shut Down by Friday

Empower CEO Joshua Sear is guilty of providing a cheap, popular alternative to Uber in the nation's capital.

Reason

The ‘Ideal’ Age To Start Saving for Retirement — and What To Do If You’re Late

Americans say 27 is the ideal age to start saving for retirement. Here’s what to do if you’re older and haven’t started yet.

GOBankingRates

1 in 3 Americans have no emergency savings—while boomers' $2,000 cushion dwarfs Gen Z’s $400, survey finds

Roughly one-third of Americans are not prepared for a financial emergency.

Fortune

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Bills Beat Inflation as Americans’ Top Money Worry in 2025, Study Finds

Americans now spend four hours a day thinking about money. A new study reveals bills -- not inflation -- are their biggest financial stressor.

GOBankingRates

Working Late: Survey Reveals We Should Be Retiring Years Earlier

Even as the full retirement age has increased, many Americans believe we should be retiring earlier, not later. If you want the full Social Security benefit, you'll need to work even longer than the full retirement age.

Benzinga

Financial FOMO Is Real—57% Have Made Money Decisions Based On Social Media, And 73% Say It's Changed How They Spend Or Save

More than half of Americans admit they've made a financial move—whether it's a purchase, an investment, or opening a credit card—because of what they saw online. According to a March survey by Empower, 57% say social media has influenced their financial decisions, and 73% say it’s changed how they spend,…

Benzinga

Think You Should Have A Dream Job And Own A Home By 30? It's Not Who You Are — It's Your Timeline That's Outdated

A high-paying job and homeownership are two big milestones that many people strive toward, but setting unrealistic expectations can make the journey feel discouraging. Most people expect to land their dream job at 29 and buy a house at 30, according to a recent Empower study.

Benzinga

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Americans think you should land your dream job by 29, buy your first home at 30, and earn six figures by 35—they're in for a reality check

Sky-high housing costs and stagnant wages mean the American Dream’s timeline doesn’t match economic reality.

Fortune

What Are The Best Budgeting Apps? Here Are The Top 17 To Turbocharge Your Savings

Mint, one of the best budgeting apps, shut down early in 2024. As longtime budgeting fans, we’ve had a difficult time finding a replacement with...

Saving Advice

One-Third of Americans Start Buying Pumpkin Spice in August – 45% for Gen Z and Millennials Despite Price Hikes

A new Empower survey shows one-third of Americans start buying pumpkin-spice products in August, with 45% of Gen Z and millennials leading the charge despite rising seasonal costs.

International Business Times UK

Trump Admins' 401(k) Private Equity Experiment Picks Up Speed, But Retirement Advisors Worried About The Risk

Retirement savers are getting a new window into private markets, but a fresh debate has begun brewing over whether the asset class belongs in everyday 401(k)s.

Benzinga

Trump Set To Sign Executive Order To Unlock 401(k) Access For Private Equity Giants Like Blackstone, Apollo: Report

President Donald Trump is reportedly set to sign an executive order that would make it easier for U.S. retirement plans to invest in private-market assets.

Benzinga

Elizabeth Warren Grills Retirement Giant Empower Over Private Equity In 401(k) Plans: 'How You Would Shield Plan Participants...'

Sen. Elizabeth Warren (D-Mass.) has challenged the decision of Empower, a major retirement plan provider, to offer private equity as an investment option in workplace retirement plans.

Benzinga

Empower Servers review

Empower is a good value option which is well suited for novices with an eye on expansion.

TechRadar

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Kiplinger

Empower Review: Is This Financial Hub the Right Tool for You?

Empower offers you a way to see all your financial accounts and set savings goals in one digital hub.

Reason

D.C. Regulators Are Forcing This Rideshare Alternative Out of the Market

The D.C. Superior Court is fining Empower CEO Joshua Sear $5,000 for every day he keeps his ride reservation software operational in the city.

Reason

Jail Time for Cheap Rides?

D.C.'s bureaucracy violates independent drivers' economic liberty.

International Business Times UK

Gen Z Believes They Need £7.5M To Feel Financially Secure After Witnessing Parental Struggles

Gen Z believes they need a staggering £7.5 million to achieve financial success, significantly higher than previous generations.

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news in one place.

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Fortune

Gen Z thinks they need almost $9.5 million to be financially successful after anxiously watching their parents unretire

Inflation, student debt, and a difficult housing market makes Gen Zers feel they need almost twice as much as Gen X to be successful

Reason

Regulations Are Driving Up Ride-Sharing Prices in Washington, D.C.

City code protects incumbent transportation services by outlawing independent drivers.

Fortune

How to build an emergency fund in 5 easy steps

Nearly 2 in 5 Americans say they couldn’t afford a $400 emergency expense. Do you need an emergency fund, too?

Kiplinger

Average Net Worth by Age: How Do You Measure Up?

Are you beating your peers on average net worth? Get tips from financial advisers on how to grow your wealth over time and have cash when you need it.

Fortune

Gen Zers' definition of financial success includes joining the top 1% — and they're really confident about making it

Gen Zers on average believe an annual salary of $587,797 and net worth of $9.47 million are needed when they envision "financial success."

Kiplinger

Four Financial Topics You Can Safely Discuss at Thanksgiving Dinner

Forget politics! Holidays offer families a valuable opportunity to talk about their shared financial interests.

TechRadar

New power delivery tech could save Google, Microsoft tens millions of dollars annually; Vertical PD up to 3KA could enable 10% reduction in losses

Empower Semiconductor’s new Crescendo vertical power delivery platform could save tech firms tens millions of dollars annually.

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