Your RMD Could Cost You Thousands If You Miss This Deadline
If you have your retirement savings in a traditional IRA or 401(k), you may be aware that you can't just leave that money growing forever. You'll have to start taking...
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Your Social Security Check Depends on This One Key Detail
If you're like most retirees and counting on Social Security to help you make ends meet as a senior, you need to understand how your benefits are calculated.
9 Retirement Moves to Make in May Now That Tax Season Is Behind You
If you've been putting off dealing with a lot of financial matters because it was tax season and you had enough money issues on your mind, well... tax season is...
The Average Social Security Benefit Is Higher for January Applicants — Should You Wait to Apply?
January is an important month for anyone eligible for Social Security. That's the month the annual cost-of-living adjustment applies to your benefits (or future benefits). The COLA provides a bump...
This Is the Exact Average Social Security Benefit Retirees Receive at Every Age
Around 67% of seniors rely on Social Security for more than half of their retirement income, according to the Center for Retirement Research.
Social Security Spousal Benefits: The 1 Rule Too Many Married Couples Get Wrong
The typical path toward retirement benefits from Social Security goes something like this. You work and pay taxes on your wages every year for a minimum of 10 years, and...
Here’s Why 2026 Could Be the Perfect Year for Seniors to Do Roth IRA Conversions
Roth IRA conversions are a great way to shield your retirement savings from future taxes. But to do this, you have to pay taxes on the converted funds today. This...
Need Cash ASAP? 4 Pros and 4 Cons of Taking a 401(k) Loan.
You're not alone if you're hurting for cash right now. Rising inflation has left many people scrambling to redo their budgets to stay on top of their bills. But sometimes,...
Worried About What Your 2026 RMD Will Do to Your Tax Bill? Consider Doing This Instead.
We think of our retirement savings as our money, but it's usually not wholly within our control. The IRS limits your access to these funds while you're under 59 1/2,...
You’re Probably Withdrawing From Your Retirement Savings All Wrong. Here’s How to Fix It.
One of the biggest fears retirees commonly face is running out of money. After decades of saving and investing, the last thing anyone wants is to watch their retirement savings...
The Social Security Benefit Boost Most Americans Never Think About
One of the most overlooked methods of increasing a Social Security benefit involves working longer at the tail end of your career if you've increased your earnings over time.
It’s Not Just Part B: Here’s How Medicare Could Cost You More in 2026
At the end of 2025, the Social Security Administration announced that benefits would be getting a 2.8% cost-of-living adjustment. But that didn't give retirees much to celebrate. That's because they...
Retirement Under Pressure: How to Safeguard Your Assets From Inflation’s Bite
Like many nearing retirement age, I find myself concerned about finances. My primary fear is this: What happens if inflation rises at an unprecedented rate and the market crashes, cutting...
Claiming Social Security at 62 Doesn’t Just Cost You Now. It Could Affect Your Future Cost-of-Living Adjustments (COLAs), Too.
The upside of claiming Social Security at 62 is obvious: You'll get the most checks possible. For some, those benefits could be the help they need to finally retire or...
3 Reasons You May Not Want a Large 2027 Social Security Cost-of-Living Adjustment (COLA)
Ask any Social Security beneficiary whether they want a large or small cost-of-living adjustment (COLA) in 2027, and nearly all of them will say they want the biggest benefit boost...
4 Realistic Ways to Build Your Net Worth While Inflation Rages
The older I get, the more value I find in gaining a historical perspective before spiraling. For example, as troubling as I find the current rate of inflation, I'm trying...
3 Ways President Trump Is Reshaping Social Security
President Donald Trump promised to eliminate taxes on Social Security. And although he did not change the tax rules directly related to benefits, he did introduce a tax deduction that...
Claiming Social Security in June? 3 Things You Must Do First
Filing for Social Security is a major milestone. And after many years of paying into the program, you deserve to start collecting those monthly benefits.