Social Security's full retirement age is changing next year, affecting when the youngest baby boomers and Gen Xers can ...
Full retirement age or “normal retirement age” was 65 years old for a long time. However, starting with people born in 1938 ...
Last year, more than 20% of newly awarded retired workers claimed Social Security as soon as possible at age 62, so they received the smallest possible benefit. Meanwhile, less than 10% of newly ...
The most important Social Security change next year for beneficiaries is the annual cost-of-living adjustment (COLA). Last ...
The earlier one can start saving and planning for retirement, the better. There's no right way to approach retirement planning, but it's important to set goals. Available data shows how much people ...
Building your retirement fund is critical for financial security. After all, you don’t want to run short of money when you’re older and no longer earning a paycheck. But how much should you have saved ...
Here’s how to chart a realistic course to financial freedom.
In the ideal scenario, you’d start investing $150 each month at 24 and continue investing that amount until age 62. Over that ...
Retirement is no longer about turning 60 or leaving the workplace—it’s about achieving financial independence. As careers ...
It's helpful to know the average retirement savings of your peers because, let's face it, your friends won't volunteer their numbers. As you near the end of your career, you'll want to be in at least ...