Rethinking Retirement

Many Americans said the COVID-19 pandemic made saving for retirement a financial priority but 51% did not believe they have enough income to save toward this goal, a Transamerica survey said.

Social Security recipients will see the largest benefits increase in 40 years in 2023. Here’s what that means for your retirement savings plan.

Although 86% of Americans nearing retirement age understood that waiting until 70 meant they could collect more benefits, only 11% planned to do so, a Schroders survey said.

A little more than half of the employees (58%) surveyed by the Nationwide Retirement Institute said they felt optimistic about their retirement plan, with 40% saying they would likely have to delay retirement by four years.

Financial expert Dr. David Phelps says inflation is decimating Americans' retirements with no end in sight, and government policies caused the crisis.

Retiring has always caused anxiety for people who have spent their lives building a career. High inflation is leading more people to return to the workforce.

In a recent survey, many older Americans said inflation is changing their retirement plans.

Plans for early retirement are rising as Americans become more frugal during the COVID-19 pandemic, and others are being forced out of the workforce.

The Credible Money Coach answers a reader’s question on the tax impact of cleaning out a 401(k).

Though 401(k)s are very popular, they may not be the best savings option for you.

Your Social Security benefit is calculated from your earnings record, which comes from employer reporting.

The monthly Social Security benefit you're able to collect in retirement will hinge on how much money you earn during your 35 highest income-earning years.

One simple move could leave you with more monthly retirement income to enjoy.

You can still improve your financial security in retirement, no matter how old you are.

Your 401(k) may be your most important retirement savings account, so you need to make it work for you.

When you have a 401(k), it's important to pay attention to the details.

How much you receive in Social Security payments could mean the difference between a comfortable retirement and living on a fixed income.

Here's how to help ensure that Social Security takes good care of you as a senior.

Filing for benefits at 62 will lower them in the process. Here's why that's a wise move anyway.

If your Social Security checks aren't cutting it, you can make ends meet by doing these three things.