Whether you are already retired or just starting to save, these age and state income averages provide a critical reality ...

As a society, we’re constantly told to save, save, save — but that’s not always possible. For myriad reasons, Jennifer James reached age 50 without any retirement savings to speak of. Like many people ...

It’s not cheap to own a car in retirement. Retirees pay $3,989 on average annually for gas, vehicle finance charges, maintenance, repairs and insurance. For those who would rather pocket these savings ...

Four factors are used by the Social Security Administration to calculate your monthly retired-worker benefit. Claiming age plays a big role in monthly payout variance by age. An extensive study ...

Retiring by 50 sounds like something only tech millionaires or Wall Street executives can pull off. But when I asked ChatGPT if regular people with middle-class incomes could do it, the artificial ...

Question: I retired at 60 two years ago with $3.1 million. My 62-year-old wife still works because she wants to. However, she resents my free time. Help! Answer: A 2024 MassMutual survey (PDF) found ...

Meagan is a former Series 7 financial advisor and current writer focused on blending straightforward information with a dose of humor on topics including equity investments, insurance products, and ...

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Retirement can be exciting and daunting; usually, it’s a bit of both. This is a unique time in life marked by shifts in roles and priorities. Yet in the media, we often see two extremes: carefree ...