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Retirees

Gen X reaches retirement withdrawal age; experts say don’t use the money

by Adrian Jhonsan
Gen X reaches retirement withdrawal age; experts say don’t use the money

Fg Trade | E+ | Getty Images Gen Xers are starting to reach age milestones that give them penalty-free access to certain retirement funds. The eldest members of that generation …

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What 2024 VP picks could mean for Social Security

by Adrian Jhonsan
What 2024 VP picks could mean for Social Security

Trump’s pick for Vice President, U.S. Sen. J.D. Vance (R-OH) arrives on the first day of the Republican National Convention at the Fiserv Forum on July 15, 2024 in Milwaukee, …

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Inflation points to lower Social Security cost-of-living adjustment in 2025

by Adrian Jhonsan
Inflation points to lower Social Security cost-of-living adjustment in 2025

A shopper scans coupons in a grocery store in Washington, D.C., on May 23, 2024.  Tom Williams | Cq-roll Call, Inc. | Getty Images The pace of inflation is coming …

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Here is why Social Security cost-of-living adjustment may be lower in 2025

by Adrian Jhonsan
Here is why Social Security cost-of-living adjustment may be lower in 2025

Eva-katalin | E+ | Getty Images Retirees are still feeling the impact of higher prices. Yet one buffer for the effects of inflation — the Social Security cost-of-living adjustment, or …

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Older voters want candidates who will protect Social Security

by Adrian Jhonsan
Older voters want candidates who will protect Social Security

Joe Biden and Donald Trump Getty Images Voters, ages 50 and up, will have a strong influence on the November election. And politicians who want to win their vote would …

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Delaying Social Security even by months can boost retirement security

by Adrian Jhonsan
Delaying Social Security even by months can boost retirement security

Aj_watt | E+ | Getty Images A recent Social Security report showed a strong economy has helped the program. Still, Social Security’s trust funds may be depleted in the next …

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Social Security expected to run short on funds in 2035, government says

by Adrian Jhonsan
Social Security expected to run short on funds in 2035, government says

People leave a Social Security Administration building in Burbank, California.  Valerie Macon | Afp | Getty Images The trust funds the Social Security Administration relies on to pay benefits are …

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Your financial advisor may not be giving good advice

by Adrian Jhonsan
Your financial advisor may not be giving good advice

Ascentxmedia | E+ | Getty Images Many people claim Social Security retirement benefits at the earliest possible claiming age of 62. But that decision prompts their monthly benefits to be …

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Categories World

Americans worry changes to retirement system will upend their plans

by Adrian Jhonsan
Americans worry changes to retirement system will upend their plans

Viewstock | View Stock | Getty Images Last year, Americans’ confidence that they would have enough money to live comfortably in retirement fell the most since the global financial crisis. …

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Categories World

Most retirees don’t delay Social Security benefits. Experts say it pays to wait

by Adrian Jhonsan
Most retirees don’t delay Social Security benefits. Experts say it pays to wait

Sporrer/Rupp | Image Source | Getty Images The largest and final cohort of the baby boom generation — 30.4 million Americans — will turn 65 by 2030. And more than …

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