Here’s the Average Social Security Benefit at Ages 62, 66, and 70 as of June 2025
Key Points Retirees are eligible for Social Security at age 62, but the age at which benefits start has a profound impact on the amount of benefit income they receive. The average Social Security benefit for retired workers at age 70 exceeds the average benefit at age 62 by about $811 per month and $9,726 […]
This 1 Change Could Increase Your 401(k) Balance by Thousands Over Time
Key Points There are plenty of good ideas to boost your 401(k) account over time. Probably the best idea, though, is to maximize your 401(k) employer match. Roughly one in four American workers doesn’t fully take advantage of their employer’s 401(k) matches. The $23,760 Social Security bonus most retirees completely overlook › Americans have multiple […]
How to Invest for Retirement When You’re Scared of the Stock Market
Key Points Some people have a difficult time bearing the risk of a stock portfolio. If you invest too conservatively for retirement, you risk a shortfall later in life. Diversifying your holdings and rebalancing often could help mitigate some of the risk of investing in stocks. The $23,760 Social Security bonus most retirees completely overlook […]
