Retiring With $2 Million? Here’s the Lifestyle You Might Have.
Many Americans retire without any savings at all. If you've managed to retire with a $2 million nest egg, that's an accomplishment to celebrate.
News
Oops! You Could Shrink Your Social Security Checks by Doing These Things.
If you're getting close to retirement and don't have much savings, there's a harsh reality you might soon need to face: Social Security could end up being your main source...
Most 401(k) Savers May Be Short-Changing Themselves, Data Shows
You might think that finding the money to contribute to your 401(k) is the hardest part of saving for retirement. But choosing the right investments can also be challenging.
Here’s How Much the Estimated 2027 Social Security COLA Could Give the Average Married Couple
We still have a few months until the Social Security Administration officially announces the 2027 cost-of-living adjustment (COLA), but with expenses rising, you probably don't want to wait that long...
Why prediction markets are betting on the wrong Biden this week
Joe Biden is one of the few Americans whose exact benefit is public record. The real story is not the number. It is the tax trap hiding inside your own...
Rising Costs Making It Difficult to Save for Retirement? 3 Strategies to Try
Rising gas prices have made a lot of people's budgets tighter over the last few months. You may have had to make some tough calls about what you'll spend your...
Going Through a Divorce? Here’s What That Means for Your Spousal Social Security Benefits.
Divorce can leave you with many financial concerns: How will you pay your monthly bills? What will this do to your taxes? Will you have to change your retirement plan?...
We’re Just Weeks Away From an Update on Social Security’s Future. Here’s Why I’m Not Expecting Good News.
Social Security benefits aren't going to disappear anytime soon, despite what you might have heard. But the program isn't in a good spot right now. Its trust funds are running...
I Used to Think Maxing Out a 401(k) Always Made Sense. Here’s Why I Was Wrong.
My first job out of college didn't offer a 401(k) plan right away. And that was something I resented during those early years of saving for retirement.
A New Inflation Report Is Just Days Away. Here’s What It Could Mean for the 2027 Social Security COLA.
With everything from gas to groceries getting more expensive these days, your 2027 Social Security cost-of-living adjustment (COLA) probably can't come soon enough. We've still got more than six months...
Why Is October Such a Big Deal for Social Security Recipients?
The month of October -- specifically, mid-October -- matters to Social Security recipients because that's the time when the Social Security Administration (SSA) announces the cost-of-living adjustment (COLA) for the...
9 Tax Moves to Make This Summer Before the Year-End Rush
Yes, we're past tax season (yay!) -- but I'm sorry to point out that if you want to minimize your next tax bill, there are some smart moves to make...
3 Things to Know About Social Security If You’re Retiring in 2027
If you're planning to retire in 2027, you may be getting increasingly excited about wrapping up your career. At the same time, you may be getting increasingly anxious about the...
The Famous 4% Retirement Rule May Not Work for You — Unless You Do This
For decades, retirees have relied on the 4% rule as one of the simplest guidelines in retirement planning. And the concept is pretty simple.
Here’s the Average Social Security Check for Women by Age
As we approach the subject of the average Social Security check for women, there are a couple of critical facts to keep in mind:
How to Tell If You’re Still on Track to Retire in 2028
If you're aiming to retire at some point in 2028, you're almost close enough to start a weekly countdown. And that's exciting. But it's also important to make sure your...
How to Turn Your 2025 Tax Return Into a Retirement Planning Checkup
You have to do your taxes, or Uncle Sam will come calling. Which is basically what Benjamin Franklin was getting at when he said, "In this world nothing can be...
How Much More Could the 2027 Social Security COLA Put in Your Pocket?
No one can say for certain how large the 2027 Social Security cost-of-living adjustment (COLA) will be, but it's a good bet it's going to be around 3.9%. This is...