retirement

5 Unexpected Sources of Retirement Income | Personal-finance

(Selena Maranjian) Here’s a majority you don’t want to be in: Most people have not saved enough for retirement. According to the 2022 Retirement Confidence Survey, only 33% of workers have saved $ 250,000 or more for retirement, meaning that 67% have not. (Indeed, 19% have saved less than $ 1,000.) If you’re way behind …

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2 Reasons Retiring on Social Security Alone Could Be Disastrous | Personal-finance

(Maurie Backman) Social Security pays millions of seniors a monthly benefit, and for many, that income is the only money they have access to during retirement. But going a similar route could be disastrous for you. Here’s why. 1. You won’t get a lot of replacement income The amount of replacement income you need during …

2 Reasons Retiring on Social Security Alone Could Be Disastrous | Personal-finance Read More »

5 Unexpected Sources of Retirement Income | Smart Change: Personal Finance

(Selena Maranjian) Here’s a majority you don’t want to be in: Most people have not saved enough for retirement. According to the 2022 Retirement Confidence Survey, only 33% of workers have saved $ 250,000 or more for retirement, meaning that 67% have not. (Indeed, 19% have saved less than $ 1,000.) If you’re way behind …

5 Unexpected Sources of Retirement Income | Smart Change: Personal Finance Read More »

5 Unexpected Sources of Retirement Income | Smart Change: Personal Finance

(Selena Maranjian) Here’s a majority you don’t want to be in: Most people have not saved enough for retirement. According to the 2022 Retirement Confidence Survey, only 33% of workers have saved $ 250,000 or more for retirement, meaning that 67% have not. (Indeed, 19% have saved less than $ 1,000.) If you’re way behind …

5 Unexpected Sources of Retirement Income | Smart Change: Personal Finance Read More »

Are You Eligible for the $ 4,194 Max Social Security Benefit? | Personal Finance

(Maurie Backman) Social Security doesn’t pay all seniors the same amount of money. Rather, the monthly benefit you’re entitled to will hinge on different factors, and you may end up collecting $ 2,000 a month during retirement while your neighbor, for example, only gets $ 1,600. Meanwhile, there’s a maximum benefit Social Security pays every …

Are You Eligible for the $ 4,194 Max Social Security Benefit? | Personal Finance Read More »

Are You Eligible for the $ 4,194 Max Social Security Benefit? | Personal-finance

(Maurie Backman) Social Security doesn’t pay all seniors the same amount of money. Rather, the monthly benefit you’re entitled to will hinge on different factors, and you may end up collecting $ 2,000 a month during retirement while your neighbor, for example, only gets $ 1,600. Meanwhile, there’s a maximum benefit Social Security pays every …

Are You Eligible for the $ 4,194 Max Social Security Benefit? | Personal-finance Read More »