#Business

If you’re coming up on your retirement date without a lot of money in savings, you’re not alone. Many people struggle to build savings for retirement due to a variety of factors, from sluggish wages to medical bills and other unforeseen expenses that get in the way of steady IRA or 401(k)

Those born in 1963 will reach an important Social Security milestone this year: They’ll turn 62 and become eligible to claim benefits after paying into the program their entire career. It’s tempting to apply right away so you can enjoy the extra income, but that might not be the best move for you

Roughly 1 in 4 retirees have no savings, according to a recent Clever survey. There are several reasons for this, including living paycheck to paycheck and having to pay for unplanned expenses. These obstacles can be challenging to overcome, but they’re not the only reasons many retirees come up

Those born in 1963 will finally become eligible to claim Social Security benefits in 2025 after 62 years of waiting. They won’t all choose to sign up then, but many will so they can receive as many checks as possible. It’s a major shift after paying into the program for your entire career. But

Every year, the Social Security Administration, or SSA, examines inflation data and adjusts Social Security benefits accordingly. In short, the annual cost-of-living adjustment, or COLA, is designed to help retirees keep up with the rising cost of goods and services. While most retirees and