Retirement News

It could make your senior years a lot more enjoyable.

Earning a huge salary doesn't mean you're necessarily going to get a gigantic Social Security benefit. Find out why monthly retirement checks may not be that high for millionaires.

Be careful when claiming spousal benefits, or counting on them for your retirement.

You can claim Social Security at 62, but there are serious downsides. Find out what happens if you make an early claim.

It's simpler than you might think to retire a millionaire.

Relocating could work to your benefit -- or not. And it's tough to know how things will shake out.

Spousal benefits could boost your checks by hundreds of dollars per month.

While a 401(k) with a match can be a good deal, there may be other better accounts for your money once you've earned your full employer contribution.

There's nothing wrong with trying to boost your benefit, but chasing the max benefit may prove to be an exercise in futility.

Retirees are in for unpleasant surprise: Despite hotter inflation in March, Social Security benefits might get a smaller cost-of-living adjustment next year.

Knowing these differences is key to deciding which is right for you.

With the right approach, you can lower your chances of struggling financially later in life.

Most recipients won't have to pay state taxes on their benefits, but federal tax rules apply to everyone.

It's never an ideal answer. As of early 2024, however, it's a particularly bad idea for reasons that are rarely this decided.

All of these could lead to a more generous monthly check.

By considering how much of your must have spending is covered by your guaranteed income like Social Security, you might find more flexibility than you originally thought you had.

Is it worth it to claim your benefits as soon as possible?

Here's exactly how to max out your Social Security.

It's doable, but it comes down to some key choices.

A bigger Social Security "raise" next year could come with more baggage than meets the eye.