Maximum Benefit
The maximum Social Security benefit for a new retiree in 2018 is north of $33,000 per year at full retirement age and can be even higher for workers who wait. […]
Getting By on the Average
The average household led by a retiree makes $48,000 annually before taxes and spends roughly $46,000 a year. That’s according to the Bureau of Labor Statistics’ (BLS) measure of the […]
7 Things Medicare Doesn’t Cover
Medicare Part A and Part B, also known as Original Medicare or Traditional Medicare, cover a large portion of your medical expenses after you turn age 65. Part A (hospital […]
The Long View
Did you know that a non-smoking 65-year-old woman today has a 50% chance of living until 88? A non-smoking 65-year-old man has a 50% chance of living until 85? That’s […]
Not for Lack of Confidence
The Transamerica Center for Retirement Studies recently released its 18th Annual Retirement Survey. This year’s survey offers a multi-year trend analysis on approximately 60 indicators of retirement readiness. Among its […]