doi:10.2139/ssrn.3786216financing retirementTo evaluate their retirement resources, households approaching retirement will examine their Social Security statements, defined benefit pensions, defined contrChen, AnqiMunnell, Alicia H.Social Science Electronic Publishing...
Maryalene LaPonsieJan. 21, 2025 Unemployment and Social Security Here's what to consider when taking unemployment benefits and Social Security payments at the same time. Rachel HartmanJan. 21, 2025 The 6 Easiest Places to Retire Abroad
Social Security Fairness Act: What It Is Some people haven't received all their Social Security benefits, even though they paid into the system. A new law changes that. Maryalene LaPonsieJan. 10, 2025 8 Jobs That Welcome Older Workers ...
How many self-employed retirement accounts can you have? You have several options to save for retirement when you’re self-employed with or without employees. In addition to a traditional IRA and Roth IRA (depending on your income), a couple of excellent options are a SEP-IRA and a solo ...
When debt piles up, keeping up or catching up with your bills can become an uphill battle. Maxed out credit cards or cards with high balances need to be paid immediately, before they get completely out of hand. Retirees in this situation often turn to debt consolidation. When you take out...
At a time when interest rates on home equity lines of credit and loans average around 9%, a reverse mortgage may be a more appealing option for retirees. With a reverse mortgage, you can convert your home equity into a lump sum, monthly payments or a line of credit. You don’t have ...
When debt piles up, keeping up or catching up with your bills can become an uphill battle. Maxed out credit cards or cards with high balances need to be paid immediately, before they get completely out of hand. Retirees in this situation often turn to debt consolidation. When you take out...
While many people are under the impression that bigger is better when it comes to housing, larger houses typically mean bigger mortgage payments and property taxes, costlier utilities, and more time and money spent on upkeep. Downsizingmight seem scary, but it can actually make your life consider...
However, there are no limits on the savings you can put into ordinary taxablebrokerage accounts. Although the dividends can be subject to taxation, and you will paytaxes on capital gains, you are still saving and building wealth.910 Retirement account limits are indexed to inflation and are upd...
Future retirees should also be aware of other risks, including:5 Market risk:As the saying goes, past performance doesn't indicate future results. Recessions, market crashes, or periods of inflation can have an impact on your portfolio.