As 2024 draws to a close, it’s time to plan for the New Year. For older individuals is is especially important to plan for ...

Hello, Baby Boomers and seniors! Retirement should be the time of your life-a chance to relax, travel, and spend time with ...

USA TODAY reached out to retirees across the country who are living mostly on Social Security, to ask how they were doing.

Factor these expenses into your retirement budget to ensure you’re financially prepared for medical needs ... reliance on Social Security, and allows you to continue enjoying your work-life benefits.

You also get an 8% yearly increase if you delay or suspend receiving benefits. “That's on top of your increase from your ...

The magazine’s recent feature story raised important questions about generational poverty but failed to credit the progress ...

Understanding just how much she’ll need to stretch it starts by coming up with a retirement budget — essentially a budget for how much she can spend each month to ensure her savings will last. While ...

The households of 46 year olds had an average retirement account balance of $313,000 in 2022, according to the Federal Reserve. If you’re 46 with $2.8 million saved, you’re clearly way ahead of the ...

For example, a 62-year-old with $800,000 in savings and a monthly Social Security ... the income cap on Social Security taxes are available and likely to work. Assuming Social Security benefits ...

Adult children need to prepare for taking in their elderly parents or in-laws if President-elect Trump’s unofficial ...