The decline of pensions as a source of retirement income leaves newly minted retirees in a precarious position: They are potentially more dependent on Social Security to make ends meet.

Inflation has a tendency to erode retirees’ buying power over time. That’s why Social Security cost-of-living adjustments, or COLAs, are so important. Automatic Social Security COLAs were ...

If you are collecting Social Security spousal benefits, you shouldn’t delay beyond FRA. You don’t earn delayed retirement credits with spousal benefits. The higher-earning spouse should ...

In fact, 7 in 10 retirees are better off if they wait. There is, however, one situation where retirees should definitely not put off their Social Security claim . Here’s what it is.

Social Security, signed into law 90 years ago by President Franklin Roosevelt, is the financial foundation of retirement in America. But it’s not just those getting to retire who benefit from ...

It is basically an unspoken rule that retirees need to have a large bond allocation. That's one reason why every "target date" fund automatically shifts from stocks to bonds the closer you get to ...

The Grattan Institute says an increasing number of renting retirees are at risk of homelessness. The federal government has increased rent assistance by 27 per cent in the previous two budgets.

For many people, Social Security is a crucial source of income in retirement. Delaying benefits can help supercharge your monthly benefit. However, it's important to take your health into ...

Retirees withdrawing large pension pots are being hit with massive tax bills, as many over 55s remain unclear about the rules. An analysis by Standard Life found that more than 221 people fully ...

The average worker expects to need nearly $2 million to retire comfortably. However, most older adults have far less than that saved. Calculating your unique goal is more important than comparing ...

“This includes the 32 per cent of Australian homeowners who don’t have a mortgage, and the nation’s 4.2 million retirees,” Hodge said. As seen during the pandemic when the RBA cut rates dramatically, ...

For 23 years, national pollster Gallup has conducted an annual survey to gauge the reliance of retirees on their monthly Social Security check. Without fail, all 23 years showed that 80% to 90% of ...