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Underspending in retirement is 'one of the biggest mistakes' retirees make, according to financial planning expert Jeffrey Levine.
The Medicare and Social Security trust funds are lurching toward insolvency. Social Security is projected to cover only 81% of benefits by 2034 and Medicare just 89% by 2033.
Shaken by the unpredictability of the Trump administration and other factors, some are claiming their benefits earlier than ...
Most people won't, but it's at least worth knowing how to get yourself closer to this number.
The Social Security Administration (SSA) has officially increased the Full Retirement Age (FRA) for beneficiaries from 65 to ...
I contribute 15% to my 401(k), which is currently valued at $165,000. I also rolled over an old 401(k) with $125,000.” ...
To bridge the gap, it uses the reserves in two trust funds: one for Social Security disability benefits and another — much ...
The Social Security trust fund will become unable to pay scheduled benefits to retirees and the disabled as soon as 2034, new ...
The trust funds for Social Security and Medicare will run out of money in less than a decade, according to a report released ...
You may be inclined to stop funding your 401(k) the year before you retire. But before you halt contributions, look at the ...
The annual report forecasts the date when the trust funds will run out of money, triggering sharp automatic cuts in benefits.