The U.S. Bureau of Labor Statistics reports the average U.S. household shelled out $6,440 per month on living expenses in 2023, or $77,280 per year. That's most of the average household income of ...

According to the U.S. Bureau of Labor Statistics, the median weekly earnings for full-time workers in Q1 2025 was $1,194, which translates to an annual income of approximately $61,984.

The FCA were strong in their messaging: retirement income advice must be based on the client’s life, not just the product ...

Collect steady income from essential real estate and consumer spending. Click for our top picks for attractive dividends that ...

Can AI really replace a skilled financial professional? In this episode of Decoding Retirement, Robert "Bob" Powell speaks ...

Some people will spend 30 or 40 years in retirement, or more years than they spent working. “Living a long and healthy life is a positive, but it puts potential additional stress on your ...

For example, allocating $100,000 from a $1 million portfolio to a 3% COLA immediate annuity increases lifetime spending by about $30,000 compared with relying solely on Social Security and ...

Black Americans and low-income Americans are well below the average. In 2021, life expectancy declined to 76 years old in the United States—the lowest in nearly two decades.

People can claim Social Security retirement benefits as early as 62 years of age. Note that each year you wait adds to your eventual monthly benefit. The average 65-year-old’s monthly payment is ...

All told, in Vanguard’s model, a 65-year-old woman living to 88 would incur about $195,000 in health care costs (about $8,478 per year) if she lives the average of 23 years after retirement at ...

I really have not invested for income to any great degree but do see the need to improve that aspect of my portfolio as I grow into retirement. Thank you for these suggestions.

What will life look like in 2065? Americans predict a future where most people rent forever, average homes cost nearly ...