The Social Security Administration calculates what's known as your primary insurance amount (PIA) first. This is the benefit you qualify for when you reach your full retirement age (FRA). FRA is 67 ...

Lots of changes in store for Social Security recipients as more people rely on a system that's operating above capacity. Full ...

Seniors with a net worth of less than $69,500 fall into the bottom 25% of retirees. This group is particularly vulnerable to ...

Getting the maximum Social Security benefit in the United States is rare. Extremely rare, in fact—only achievable for those ...

Individuals who were born in 1960 or later who want to retire and receive their full Social Security benefits should note ...

For 2025, Gen Xers who have reached age 50 can contribute an additional $1,000 beyond the annual limit ($7,000) for their individual retirement accounts (IRAs). That's a total of $8,000 for the year.

This SSA adjustment, driven by increased life expectancy, requires careful financial planning to maximize retirement benefits ...

When to claim Social Security is a hard decision for many retired workers. Eligibility starts at age 62, but there is a trade-off between claiming right away and delaying. Specifically, the earlier ...

Having an age difference means that you might not always be on the same page, but you should at least understand the other person’s perspective. For instance, a 60-year-old might be eager to explore ...

Someone in Generation X who is 59 in July but turns 60 in September 2025 could contribute up to the maximum of $34,750 in a ...

Artificial intelligence is still in its developmental stage as a personal finance tool, but the early results are strong ...

Everyone has a different journey in terms of reaching retirement and saving enough to fund their daily expenses and potential ...