When it comes to retirement savings, surveys often point to a big magic number you will need to have set aside to live well.
Yet retirement experts say to focus on another number — your personal savings...
Every year, the Social Security Administration, or SSA, examines inflation data and adjusts Social Security benefits accordingly. In short, the annual cost-of-living adjustment, or COLA, is designed to help retirees keep up with the rising cost of goods and services.
If you write out new year's resolutions or goals, saving money may be at the top of your list. A new social media trend is encouraging goal-setters to be more rigorous when it comes to putting away their wallets.
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The average Social Security beneficiary will receive about $23,712 in 2025. While that's a good chunk of money, it's not enough for most people to live off of comfortably. Married couples might fare a little better because they'll have two checks...
One of the most valuable perks of a 401(k) is its high contribution limits. In 2025, adults under 50 can contribute up to $23,500 to one of these accounts, and this doesn't include any match their employer might make on their...
More than 68 million Americans receive a Social Security benefit. Of those beneficiaries, 53,503,000 are aged 65 or older and 51,687,000 are retired workers.
For those who haven’t retired yet, more than four in five expect to...
Most of us will spend at least 40 years in the workforce, and while that sounds like a lot of time, if you ask any retiree, they'll probably tell you otherwise. The days and weeks might pass slowly, but the years...
On Jan. 6, President Joe Biden signed into law the Social Security Fairness Act. This law repeals the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO).
This is a momentous occasion for public sector retirees in...
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The key to a successful transition into retirement lies with several tactics, and preparation — both financial and non-financial —...
Investing in market-tracking index mutual funds, known as passive investing, gets brandished as boring.
But the truth is in the returns: Index funds routinely clobber funds actively managed by professional stock pickers.
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