Everyday living costs play a major role in how much money you need to retire. A new state-by-state analysis from personal finance website GOBankingRates shows that the estimated total savings needed ...

Workers can claim Social Security as early as age 62, but they must delay claiming until age 70 to maximize their monthly benefit. The average Social Security benefit paid to retired workers at age 70 ...

President Donald Trump's "big beautiful" tax law provides a new senior "bonus" or deduction of up to $6,000 per individual or $12,000 for married couples. The temporary deduction applies to taxpayers ...

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Dr. Preston D. Cherry is the founder and president of Concurrent Financial Planning where he strives to help clients align their money goals with their life’s purpose, with the ultimate goal being to ...

Net worth, retirement savings, and debt look very different once retirement begins. Tim Robberts /Getty Images Americans ages 65–74 have a median net worth of $410,000, the highest of any age group.

2 years, making age 65 a common claiming milestone. Yet this seemingly reasonable choice sits in a financial gray zone where the mathematics work against most retirees. While age 62 represents the ...