Tag: Social Security
Ask an Advisor: Am I Retirement Ready at 60? I Have $1.1M Cash and $880K 401(k)
I am 60 years old, married, with no mortgage. We also have $1.1 million in liquid cash and $880,000 in a 401(k). I...
A boomer gets just $1,056 a month in Social Security and works as a bus driver: 'I don't see myself being able to retire,...
Emma Echols, 68, lives frugally in Alabama on Social Security and income from part-time bus driving.She gets $1,056 a month in Social Security...
Ask an Advisor: If I'm 62 and My Husband is 68, Can I Collect Spousal Benefits for 5 Years Before Switching to My Own...
In assessing your situation — particularly, the timing of Social Security benefit collection — it may be helpful to look at breakeven calculations...
I Absolutely Prefer a Traditional IRA to a Roth IRA for Retirement Savings. Here's Why.
Are you saving for retirement? If so, then you already know there are plenty of ways to do so. Some of them are...
The 2025 Social Security Cost-of-Living Adjustment (COLA) Forecast Just Changed, and It Could Pleasantly Surprise Many Retirees
Social Security is an essential lifeline for many retirees. About half of households with someone age 65 or older receive at least 50%...
Social Security's Cost-of-Living Adjustment (COLA) Is Set to Disappoint for a 5th Time in 6 Years, and the Reason Why Is Clear as Day
In May, a little over 51 million retired workers took home an average Social Security benefit of $1,916.63, which works out to about...