Social Security

Social Security

Income Lifestyle Money Retirement Social Security

A Harvard-trained economist says ‘early retirement is one of the worst money mistakes’—here’s why you’ll ‘regret’ it

As an economist, pulling punches isn’t in my DNA. So, I’ll be blunt: For most Americans, early retirement isn’t just a decision to take the longest vacation of their lives — ...
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How to Prepare for Retirement After Age 60

There is still time to improve your retirement finances in the years leading up to retirement. By reviewing how much you have saved and thinking about how much ...
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Social Security cost-of-living increase will boost benefits 5.9% in 2022 as inflation spikes

Now that’s more like it. Older Americans scraping by on meager increases in their Social Security checks the past decade will reap a relative windfall next year. The ...
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6 Things Many Americans Get Wrong About Social Security

Social Security is a significant source of income for many retirees, but people often misunderstand even basic concepts behind this government program. Nearly 90% of American adults say ...
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The Social Security tax cap kicks in at this salary figure in 2021

Some people are investing in their retirement without even realizing it. If you have a traditional job, you pay 6.2% of your salary per year in Social Security ...
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Opinion: How retirement planning needs to change in the new year

Considering annuities, insurance, new investments and delaying Social Security? Read more at MarketWatch ...
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This Common Myth About Social Security Simply Isn’t True

Congress raided Social Security, and that’s why the program’s trust fund is running dry. At least that’s what many people believe about why this popular retirement program is in ...
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10 Jaw-Dropping Stats About Social Security

Retirement was a much riskier time of life in America before the 1935 debut of Social Security. The program was designed to help Americans live more comfortably in ...
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Doing this one thing with your Social Security could mean losing $100,000 in retirement

Retirees will lose an average of $111,000 in income per household because they took Social Security benefits too early into their retirement, rather than draw down on their ...
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Nearly Half of Baby Boomers Are Making This Expensive Retirement Mistake

Retirement is an exciting milestone that’s decades in the making, but it also requires a tremendous amount of planning. Simply winging it by saving what you can and ...
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