Retiring With Debt? 5 Tips to Make It More Manageable
One of the biggest worries many retirees have is outliving their savings. You see this even among those who diligently save throughout their careers, claim Social Security, and go into retirement debt-free. Many others aren’t so lucky. Retiring with debt can make concerns about outliving your savings even more pressing because a significant chunk of […]
Low-Income Retirees Leave $30 Billion in Government Aid on the Table Each Year. Here’s How to Get Your Piece
Roughly four in five households with older adults are struggling financially, according to the National Council on Aging (NCOA). Longer life expectancies, coupled with a lack of personal savings and Social Security benefits that continue to lose buying power, have left many concerned that they’ll outlive their savings. This could force some to take on […]
5 Retirement Conversations All Married Couples Should Have Before They Turn 65
Planning for retirement is easier in some ways for married couples than it is for single adults. They have a partner who can help them save for the future and share the burden of household tasks. But retiring with another person can go very wrong if you’re not on the same page about what that […]
3 Little-Known Factors That Could Affect Your Social Security Benefits
A growing number of Americans are heavily reliant on Social Security to make ends meet in retirement. 60% of retirees said Social Security represents a major source of income for them, according to the most recent edition of an annual Gallup poll. While that number fluctuates, it’s the second-highest reading in the poll since it […]
The 4 Biggest Credit Card Mistakes That Are Costing You Money
Image source: Getty Images Credit cards can help you earn rewards, build credit, and even get perks like airport lounge access. But if you’re not using them wisely, they can also cost you hundreds (or even thousands) of dollars every year in fees, interest, and missed opportunities. Looking for a secure place to grow your […]
President Trump’s Medicare Changes: 4 Things You Should Know
President Donald Trump didn’t wait long in his second term to begin shaking things up in Washington, D.C. In less than two weeks back in the White House, Trump delivered upheaval in multiple areas, including immigration enforcement, federal grants, and even the names of geographical locations. But has he done anything related to Medicare? Actually, […]
Is It Better to Collect Social Security at 62, 65, or 70? A Comprehensive Study Provides a Very Clear Answer.
As this year began, retired-worker beneficiaries were bringing home an average monthly Social Security check of $1,975.34. Though this is a relatively modest amount of monthly income, it’s proven pivotal to helping retirees make ends meet. Since 2002, national pollster Gallup has surveyed retirees annually to gauge their reliance on America’s leading social program. The […]
