Claiming Social Security at age 62 reduces your benefit by up to 30%. When you've spent four decades or more in the workforce ...

As you can see from the table below, the median retirement savings for those aged 55-64 ($185,000) and 65-74 ($200,000) are far below that $1.26 million "magic number." ...

Coasting until retirement is a reasonable compromise for people who are burned out at work and feel they need a break. It's a ...

Fidelity Investments advises people to keep these three "A" words in mind: amount, account and asset mix. Here's why these ...

You might also reevaluate your budget to trim spending and ramp up savings, as well as commit any windfalls, such as your tax refund, to your retirement account. If you are having a hard time finding ...

What is the typical retirement savings by age? According to data compiled by the Survey of Consumer Finances, these are average retirement account balances by age: Under 35: $49,130 35-44: $141,520 ...

While Vanguard's newly released "How America Saves" yearly report reveals that Americans' 401 (k) savings rates are at record ...

Here’s how much upper-class retirees really get from Social Security at 70—and how it compares to the national average.

When to claim Social Security is a hard decision for many retired workers. Eligibility starts at age 62, but there is a trade-off between claiming right away and delaying. Specifically, the earlier ...

Making the Dream a Reality Early retirement is a dream for many, requiring disciplined saving, living below one’s means, and strategic financial planning. While it is often reserved for those with ...

The numbers behind Social Security say you should wait as long as possible makes sense, but there's more to the story than ...