Modern Retirement

Working longer could be a smart move that potentially saves you a lot of money during your senior years, but delaying retirement also poses major risks that you'll need to consider.

A 401(k) can be a great place for your retirement savings, but as with many retirement account, there are limitations that could be making your job more difficult than it has to be.

Why aren't COLAs doing a very good job of making sure retirement benefits retain their value? Here's a look into why the value of these earned benefits continue to fall and how the buying power of Social Security benefits has eroded.

It's wise to start thinking about how COVID-19 could change your Social Security strategy.

Social Security benefits can be a lifeline in retirement, particularly if your savings aren't as robust as you thought they would be.

If you're currently 60, or are turning 60 in 2020, you may need to brace for smaller Social Security benefits than you'd expect.

While the current state of the economy puts all workers in a potentially precarious employment position, older workers may be more worried than others for one simple reason: Most of their jobs can't be done remotely.

Despite a lack of benefits, nontraditional jobs may boost retirement security.

With the likelihood of a second wave, you'll need to consider when to begin claiming Social Security benefits.

Researchers analyzed the cost of necessities in 100 U.S. cities.

Once you've decided to start claiming, consider these three things to make sure it's the right time to file.

When starting Social Security, review these three questions to ensure your understanding of how your benefits are calculated and how your decisions affect the size of your checks.

Many senior citizens rely on Social Security as a source of income during retirement, but here's why you shouldn't make the mistake of thinking those benefits alone will be enough to get you through your golden years.

While nobody knows for sure whether there will be a second wave, there are a few mistakes you should avoid if you want to keep your retirement plans on track.

Follow these four strategies to keep yourself on track for a successful retirement, even if there's a second wave of COVID-19.

If the pandemic has caused you to contemplate claiming Social Security, you're probably not alone. Here are a few things you must know before you sign up.

Many seniors depend heavily on Social Security in the absence of outside income, and it's these seniors who invariably await a generous cost-of-living adjustment (COLA) each year in the hopes of seeing their financial picture improve.

While some people may have no choice but to tap their retirement savings to get through tough financial times, there's one mistake that could be incredibly costly.

For each of the past 35 years, the Social Security Board of Trustees report has cautioned that there wouldn't be enough revenue collected over the long run. Here is a timeline of events that could lead to a significant Social Security benefits cut.

If you need to turn your savings into cash because of the coronavirus pandemic, here are ways to do that.