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Retirement News

The Motley Fool's most recent retirement and social security news coverage.

Articles — Page 295

Social Security Card With Cash Retirement Benefits Getty
Feb 24, 2024 by Sean Williams
Here's the Average Social Security Benefit at Age 67
What's popular isn't always going to be the best choice for retired workers.
Person sitting at table and writing note on paper
Feb 23, 2024 by Kailey Hagen, CFP
3 Signs You're Better Off Claiming Social Security at 62 Than Waiting Until 70
Patience doesn't always pay off.
Older man smiling laptop GettyImages-1371116757
Feb 23, 2024 by Maurie Backman
3 Questions to Ask Before Pursuing an Early Retirement
Early retirement may be doable for you, but there may also be a better option.
personal finances mobile investing saving smartphone
Feb 23, 2024 by Justin Pope
4 Ways to Grow $100,000 Into $1 Million for Your Retirement Savings
The power of compounding, accelerating your financial freedom, and where to find some easy money.
bride and groom figurines facing away from each other on top of wedding cake -- divorce marriage
Feb 23, 2024 by Maurie Backman
Divorcing at a Later Age? Here's What to Know About Your Social Security Benefits.
Gray divorce isn't uncommon. Read on to see what divorcing later in life might mean in terms of Social Security.
Retiree 6
Feb 23, 2024 by Trevor Jennewine
Social Security Benefits for Spouses: 4 Things Retired Couples Need to Know
Married couples that misunderstand spousal benefits could miss out on income in retirement.
Taking a selfie on vacation
Feb 22, 2024 by Christy Bieber
How Much Social Security Did High- and Low-Income Retirees Get in 2023?
There's a big gap between what the highest- and lowest-earning retirees get.
Smiling friends clinking glasses
Feb 22, 2024 by Kailey Hagen, CFP
This Is the Average Social Security Benefit at Age 62
Claiming at 62 will have a lasting effect on your benefits.
retired couple computer screen
Feb 22, 2024 by Kailey Hagen, CFP
How Far Will Your Spousal Social Security Benefit Go in Retirement?
The answer could be just a few clicks away.
retired woman taking medication health pills pharmacy
Feb 22, 2024 by Maurie Backman
Some Retired Couples Might Need $413,000 for Healthcare Costs. Consider Yourself Warned.
Healthcare can be an enormous expense for retirees. Here's one strategy for covering it.
Two businesspeople shaking hands over a desk
Feb 22, 2024 by Kailey Hagen, CFP
Getting a New Job This Year? You Really Don't Want to Make This Retirement Mistake.
You have a lot going on, but you won't regret taking a few minutes to sort out your old 401(k).
Couple with financial advisor
Feb 22, 2024 by Christy Bieber
3 Really Great Reasons for Claiming Social Security at 62
While claiming Social Security at 62 means your benefit will be smaller, there are some perks that can't be overlooked.
Social Security cards 1_GettyImages-157422696
Feb 22, 2024 by Maurie Backman
I Have No Idea When I'll Claim Social Security -- and That's OK
I'm not going to stress over the fact that I haven't chosen a filing age.
retired couple reviewing finances on a laptop
Feb 21, 2024 by James Brumley
3 Steps to Claiming the $4,873 Max Monthly Social Security Benefit
The bar is set pretty high, but even if you can't clear it that doesn't mean you're destined for a subpar retirement.
Person reviewing financial paperwork
Feb 21, 2024 by Christy Bieber
This Technique for Boosting Social Security Benefits Got Less Powerful in 2024
You can earn delayed retirement credits to boost Social Security benefits, but this strategy isn't going to earn as much extra income in 2024.
seniors boat GettyImages-990642348
Feb 21, 2024 by Maurie Backman
Plan to Travel a Lot in Retirement? Anticipate These Added Costs
You'll need to do more than just pay for plane tickets and lodging.
Man mid aged laptop stressed
Feb 21, 2024 by Kailey Hagen, CFP
3 Overlooked Complications of Retiring Early
Start preparing today so you're not caught off guard later.
senior man holding face GettyImages-1302874070
Feb 21, 2024 by Maurie Backman
3 Steps to Take to Avoid Being Disappointed by Social Security
Getting the right information ahead of retirement could help you avoid financial worries down the line.
senior man produce GettyImages-1383004162
Feb 21, 2024 by Maurie Backman
Is an Interest-Only Retirement Attainable for You?
Is it possible to make it through retirement without touching your principal? Maybe. But it's not so easy.
retiree reviewing finances
Feb 21, 2024 by Christy Bieber
High Earners Average $17,521 More in Social Security Than Low Earners, But Lower Earners Get More of Their Money Back. Here's Why
While high earners have a larger benefit on paper, they're actually getting less of their money back from Social Security for a few simple reasons.
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