3 Reasons To Break The Rules And Collect Your Social Security Early
While Social Security incentivizes workers to delay claiming benefits, there are scenarios when it makes sense to collect early, even at a reduction.
Read MoreWhile Social Security incentivizes workers to delay claiming benefits, there are scenarios when it makes sense to collect early, even at a reduction.
Read MoreThere's a lot to explore in this southwestern state. Its natural beauty, as well as unnatural attraction (see Roswell) makes for a memorable trip on a budget.
Read MorePer the Pew Research Center, more Americans today aged 65 and older are remaining in the workforce. Still, the average retirement age is younger.
Read MoreNearly 90% of retired Americans aged 65 and older receive Social Security benefits, and for many, it's a significant part (~30%) of their retirement income.
Read MorePerks like a comparably low cost of living and highly ranked health care system have made this country in southern Europe a popular one with expat retirees.
Read MoreThis winter city actually has a second high season in the summer, with the busiest days in July and early August, according to its business chamber.
Read MoreThe high price to vacation in this Long Island hamlet isn't so surprising when you consider the median listing price for a home here is $2.8 million.
Read MoreLike Social Security, survivor benefits amounts depend on a beneficiary's age. The benefit reaches 100% at full retirement age, but spouses can claim it sooner.
Read MoreIn a recent WalletHub report, this city ranked 177 out of 182 U.S. cities to retire in, ranking above 100 for affordability, quality of life, and health care.
Read MoreThis retirement strategy is one way to manage retirement income by way of "buckets" that correspond to short-, medium-, and long-term financial goals.
Read MoreYes, you can borrow from a 401(k). Though there can be drawbacks, a 401(k) loan is often a better financial option, as you'll be paying yourself back.
Read MoreBefore the new year, it's a good idea for every person to go through a year-end financial checklist, and especially retirees living on a fixed income.
Read MoreWe spoke with real estate expert Betsy Pepine about the ways a housing market crash affects homeowners and who among this group risks losing the most.
Read MoreWhile adding to a 401(k) is important, there are reasons why trying to max out yearly contributions may not be in your best financial interest today.
Read MoreDave Ramsey is a proponent of teaching young people financial responsibility early on, and he's against parents giving their kids one particular gift.
Read MoreFor November 2024, here are key dates for Social Security beneficiaries and SSI recipients to know, including an "extra" SSI payment at the end of the month.
Read MoreThis city offers a cost of living that's 9% lower than the national average, and per Redfin, median home values 71% lower than the U.S. average.
Read MoreRick Steves has been traveling around Europe for over 50 years, and he knows how to travel on a budget. Per Steves, using the wrong ATM could cut into yours.
Read MorePeople paying back their student loans now have another option -- a two-for-one benefit -- that will reduce their debt, while saving for the future.
Read MoreThe Social Security Administration determines which benefit is the greater amount. In some cases, though, you may want to delay one of your benefits.
Read MoreThis Utah city reported a 3% increase in visitors for the 2023-24 winter season, but forecast a slower summer. One factor might be the high cost.
Read MoreNSSA is a designation for financial planners who pass certification. The certification program is not endorsed by the Social Security Administration.
Read MoreWe spoke with certified money coach Alaina Fingal about the financial challenges young people face today, from higher education to pricey commutes.
Read MoreAccording to MassMutual, the average retirement age in the U.S. is 62. That's considered early, as the full retirement age is currently 66 or 67.
Read MoreAI-powered financial scams are an increasing threat as the technology progresses, and therefore, consumers should remain on the lookout.
Read MoreAs you focus on building your savings account, have you ever considered maintaining more than one? There's actually no limit to how many you can open.
Read MoreYour highest-earning years are typically between your late 40s and late 50s, which is around the age you may have new (family-related) expenses, too.
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