I Always Thought Social Security Would Stop Supporting Me in Retirement. Now I Know the Truth
As someone who has been writing about retirement planning for about a decade, I find it amusing to think back …
Retirement income
This is the Average Social Security Benefit for People Aged 65
Retirement planning is an important aspect of financial stability, and understanding Social Security benefits plays an important role in that. …
It’s True: These 13 States Do Not Tax Retirement Income
If you had the choice, would you rather not pay taxes? Of course, that’s not a real choice. No matter …
I Plan to Retire with $2 Million at Age 70. What Should I Consider Before I Pull the Trigger?
Is $2 million enough to retire at 70? Retirement planning can be complicated, even when you have millions in the …
Social Security’s COLA Forecast for 2025 Just Improved. Here’s the Latest Estimate
October is always an important month for retirees receiving Social Security benefits. The reason? This is the month when the …
We Have a Monthly Pension of $4,000 and Want to Invest $200,000 in a Pension. Is This a Wise Decision?
“We have an appointment with a financial advisor this week.” (Models are shown in the photo.) – MarketWatch/iStockphoto Dear MarketWatch, …
I’m 60 and Have $1.5 Million in My 401(k). Should I Convert $120,000 per Year to Avoid RMDs?
It’s smart to plan in advance for the taxes you’ll pay on your retirement income, including any required minimum distributions …
Is it Better to Claim Social Security Benefits at 62 or 67? It Depends on These 3 Factors
Social Security provides a critical source of retirement income for millions of older people, and determining the age at which …