Key Points Claiming Social Security at age 62 reduces your benefit by up to 30%.The average 62-year-old claimer got $1,341.61 ...

One of the most important parts of the program, especially for married couples, is Social Security spousal benefits.

Currently, Americans can apply for retirement benefits starting at age 65, although 67 is considered the full retirement age ...

Florida is a beacon for retirees with warm weather, plenty of sunshine, and favorable tax laws, but retirees there earn less ...

Americans believe the “magic number” they need to retire comfortably is $1.26 million, according to a survey by Northwestern ...

Some older Americans assume that since they no longer need to worry about a job loss, they don't need emergency savings. On ...

Therefore, your spousal benefit depends on a few factors, including how much your spouse's full Social Security retirement benefit will be and your age when you apply for benefits. According to the ...

The IFS is recommending sweeping changes to private and state pensions to create a system 'fit for the next generation', ...

The greatest advantage of opening an early retirement account (IRA) is the power of compound interest. When you invest money, ...

Another thing to consider if you have a long life expectancy is pushing back your retirement start date. Academics Rainer ...

SSDI (Social Security Disability Insurance) is for people who worked and paid into the system but can’t work now because of serious health issues.

ACCORDING to statistics from JP Morgan Investment, life expectancy in the United States continues to rise, with more people living to older ages. For a 65-year-old couple, there is nearly an even ...