After 32 years in the classroom, she’s sharing her real monthly budget to help other retirees navigate their golden years.

I am a 68-year-old woman married to a 75-year-old man.

In 2025, the maximum monthly benefit Social Security will pay is $5,108. To be clear, though, that's higher than the ...

If you’re like most seniors, you’ll rely on  Social Security to provide a good portion of your income once you retire. But, ...

A joint-life annuity ensures that after one annuitant dies, payments continue for the life of the surviving spouse. If the ...

I wanted to share a model $1M portfolio that I would use to achieve a $6,000 monthly income. The goal of this portfolio is to provide a baseline level of dividend income during retirement ...

Social Security gets the bulk of its funding from payroll taxes. And while that revenue stream is set to continue, in the ...

The portfolio offers a 7% plus yield and roughly $6,000 plus monthly income based on a $1 million portfolio. Income is important, but it does not have to come at the cost of growth. We should aim ...

One of the most significant decisions anyone with a pension can make is taking a lump sum (annuity) versus receiving monthly ...

The basic challenge of funding retirement is generating sufficient income to cover regular living expenses. With $4,000 in monthly costs, your retirement funding challenge calls for $48,000 annually.

Social Security payments are based on the earnings throughout a retiree’s life and have no limits based on income.

If you can handle Minnesota’s harsh winters, you might enjoy a high quality of life there as a retiree. The state excels in ...