The article focuses on when to retire and take Social Security benefits. It's the most important question retirees face. Should you begin collecting benefits as soon as possible, even though your payments will be 25% to 30% less? Or should you...
Your Social Security benefit will depend on how much you and your spouse make over the years, as well as when you decide to retire, Lam-Balfour says. Most retirement calculators allow you to factor in your expected monthly Social Security benefit. You can estimate your expected Social Security...
When to retire? Sources that I accept suggest to have 25-30X at a minimum where X is the amount of money needed each year beyond fixed sources such as social security. This requires knowing what X is. I would suggest folks track their budget, can serve as a feedback loop. This mornin...
What to consider before filing for Social Security A larger benefit check sounds great, but there are trade-offs, and soon-to-retire folks should consider multiple issues before they decide one way or the other on when to file. If you really want to consider all the avenues, then you’ll...
Calculate your potential income and expenses to see if you can afford to retire. Understand how your retirement age affects your pension and Social Security benefits. Plan on health care costs being one of your largest expenses in retirement. ...
Once you learn how to maximize your Social Security benefits, we think you could retire confidently with the peace of mind we're all after.Simply click here to discover how to learn more about these strategies. View the "Social Security secrets" ...
When Is the Right Time To Retire? Deciding when to retire is a personal question that depends on your health, life expectancy, financial needs, and individual circumstances. Different benefits and retirement plans have key dates tied to your age, such as Social Security benefits and required mini...
Understanding Social Security sturti / Getty images Workers deciding to retire or just entering their 60s may wonder whether they should start claiming Social Security benefits and at what age. Here are a few key factors to consider in making that decision. ...
When Social Security, Pensions Retire….The article discusses the offers made by E*Trade concerning the retirement planning services for future retirees in the U.S. Since some of the corporations are dumping their employees' pension plans, E*Trade provided Web-based retirement planning services to...
If you are planning to retire in the next decade, it is important touse the time you have left wisely. Boost your retirement savings as much as possible while paying down debt and keeping spending low. Social Security payments alone will not cover a typical mortgage or living expenses when ...