Social Security provides an incentive to workers who choose to hold off on taking their retirement benefits. You can claim your Social Security as early as age 62, but if you do, you’ll have to accept smaller monthly checks than you’d get if...
If you’re behind on saving for retirement, moving to a cheaper state is one way to stretch your nest egg as far as it can go. Your retirement dollars will last the longest in Mississippi, according to a recent study...
Every parent knows that kids cost a lot of money, for everything from food, clothing and shelter to child care, education and health care. They’re right: studies show that a two-parent family with two kids devotes between 31% and 47% of total household...
Student debt is consuming an ever larger share of household budgets. Today, more than two-thirds of college graduates have student debt, compared with less than 50% in the early 1990s. And, back then, the average balance was $9,000 – now...
Millions of seniors collect Social Security in retirement, and for many, those benefits serve as their primary source of income. But that’s not what they were intended for. Social Security is really only meant to supplement additional income streams....
How do you see yourself in retirement — the simple, quiet retiree who takes neighborhood walks and always gets the early bird dinner special? Or are you the carefree retiree who runs 5Ks, meets friends for champagne brunch, and takes cruises to...
Your senior income will need to come from somewhere, and unless you’re privy to a pension, which many workers today are not, you’ll most likely rely on a combination of Social Security benefits and retirement savings to cover your bills once your...
Amazon is reportedly developing checkout terminals that will allow shoppers to pay by scanning the palms of their hands. That’s according to the Wall Street Journal, which cited people familiar with the matter. Amazon did not respond...
Retirement is supposed to be a relaxing time, when you can finally unwind and start living life on your own terms. For many people, though, it’s exactly the opposite. New research shows that millions of older Americans are barely...
Every October, tens of millions of Social Security beneficiaries wait on the edge of their seats for the most important announcement of the year. You see, the second week of October is when the U.S. Bureau of Labor Statistics (BLS) releases September’s...