23+ hour, 37+ min ago  (384+ words) You have a number of options if you're looking to save more. A lot of people struggle to save for their post-working years. Recent Motley Fool research found that only 39% of Americans ages 18 to 29, for example, have retirement savings. If…...

8+ hour, 33+ min ago  (755+ words) It's important to know what options you have. Losing a loved one can be a devastating experience. Even if you're in line for a nice inheritance, that doesn't make up for the absence of an important person in your life....

10+ hour, 25+ min ago  (259+ words) It's possible to get a $124,000 retirement income from Social Security, but it isn't very common. The average retired worker receives about $2,076 per month from Social Security, according to the most recent data from the Social Security Administration. This implies that…...

14+ hour, 45+ min ago  (498+ words) Retirees can maximize their Social Security income by claiming benefits at age 70. In any given year, more than 20% of newly awarded retirees generally claim Social Security as early as possible (i.e., age 62). In turn, they receive the smallest possible benefit based…...

16+ hour, 12+ min ago  (328+ words) It's important to understand what Medicare does and doesn't cover. Retirees tend to make a few incorrect assumptions about Medicare that can trip them up financially. One assumption is that health coverage under Medicare is free. Most enrollees don't pay…...

20+ hour, 4+ min ago  (375+ words) It's time to change your approach to building your nest egg. Saving for retirement on a consistent basis often means following a budget. Without one, you might spend all of your money and get to the end of each month…...

1+ day, 8+ hour ago  (488+ words) Don't assume you're doomed to being cash-strapped. If your 50th birthday is approaching and you aren't happy with the amount of money you've saved for retirement, don't think you're alone. A lot of people end up in that boat for similar…...

1+ day, 5+ hour ago  (513+ words) There's a reason I keep returning to this account year after year. If you're currently setting money aside in any retirement account, you're off to a great start. Regular contributions are one of the most important habits that lead to…...

1+ day, 9+ hour ago  (529+ words) Don't assume you'll have to take mandatory withdrawals from your savings. Saving for retirement in a traditional IRA or 401(k) makes sense for a lot of people. These accounts are funded with pre-tax dollars, allowing you to shield some of your…...

1+ day, 9+ hour ago  (490+ words) Now's definitely not the time to let up on your retirement savings. With Social Security just a few years away from insolvency, it's more important than ever to build up your own retirement savings so you're prepared to cover what…...