Which 3 Questions Should You Ask Before Retiring in a Bear Market?
A bear market is characterized by a sustained period during which the equity markets are down 20% or more from their recent peaks. In addition to widespread price drops, market...
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How to Tell if You Qualify for Social Security Spousal Benefits
If, historically, you've been the lower-earning spouse, you may plan to claim spousal Social Security benefits. As long as you wait until your full retirement age (FRA) to claim them,...
Social Security Claiming Strategies: Understanding the Drawbacks of Claiming Early
If you qualify for Social Security retirement benefits, you can choose to start receiving your monthly payments as early as age 62. However, if you start collecting Social Security before...
What’s the Deal With Social Security Privatization?
As Elon Musk took a figurative chainsaw to the Social Security Administration earlier this year, there were those, like U.S. Rep. John B. Larson (D-Connecticut), who suspect the move had...
3 Steps to Collect the Max Monthly Social Security Check in Retirement
If you know anyone on Social Security, you may have heard them complain that their checks don't go far enough. While the average monthly benefit has now climbed to nearly...
I Have $80,000 in the Bank: Should I Invest, Pay Down My Mortgage, or Keep Saving?
As always, The Motley Fool cannot and does not provide personalized investing or financial advice. This information is for informational and educational purposes only and is not a substitute for...
Retirement Fund Management: Understanding RMD Requirements
Once you reach a certain age, you are required to start withdrawing money from certain retirement accounts. This is known as required minimum distributions, or RMDs, and is an important...
Retiring as a Married Couple? 3 Moves to Set Yourselves Up for Success.
In many ways, retiring as a married couple is easier than retiring as a single person. You have someone to split expenses with, spend time with, and, if needed, rely...
Retirees, Should You Take a Required Minimum Distribution (RMD) Now or Later in 2025?
Tax-deferred investment accounts such as traditional IRAs, 401(k) plans, and 403(b) plans are subject to required minimum distribution (RMD) rules. That means accountholders upon reaching a certain age -- 73...
President Donald Trump Broke His Vow Not to Tax Social Security Benefits — and Retirees Are Being Given This Concession Instead
In May, the average monthly Social Security benefit for retired workers hit an important milestone by crossing above $2,000 for the first time in the program's history. Though this is...
Do More Social Security Retirees Claim Benefits at 62 or 70? The Answer May Surprise You.
The Social Security program, which pays out benefits to nearly 70 million Americans each month, offers eligible recipients a key choice.
Working While Receiving Social Security: Understanding the Rules
Can you work and collect Social Security benefits at the same time? The short answer is yes, but it depends on your personal situation. In some cases, workers who receive...
What Should Retirees Know About Navigating Retirement During a Bear Market?
Did you know that if you were to spend 50 years of your life investing, you could expect to live through roughly 14 bear markets? That's according to Hartford Funds,...
5 Ways to Save Money on Groceries as Prices Spike
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What’s the One Thing All Retirees Should Do Before Claiming Social Security Benefits in 2025?
If there's one thing all retirees should do before claiming Social Security, it's to evaluate their claiming strategy. "Claiming strategy" refers to determining when it's the right time to begin...
Social Security: How Your Filing Age Affects Your Benefits
One nice thing about Social Security is that older Americans get to choose when to take retirement benefits. You can sign up for Social Security at any point in time...
Looking to Reduce Your Medicare Costs in Retirement? Here Are 3 Smart Moves
There's a reason retirees are often told they can get away with replacing 70% to 80% of their income without needing more. A lot of costs tend to shrink in...
Planning to Retire in the 2030s? Read This Before You Collect Your First Social Security Check.
You may have heard that Social Security isn't exactly on the best financial footing, and that's true. Although the Social Security trust funds have trillions in reserves right now, the...