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Social Security’s maximum benefit will reach a record $5,108 per month in 2025. Those lucky enough to take home these checks will have roughly $62,000 to spend, plus whatever they’ve managed to save for retirement on their own. It’s a far cry from the $1,976 monthly benefit the average retiree can

Medicare’s annual enrollment period ended on Dec. 7. Hopefully, you had a chance to review your options and choose the plan you believe will provide you the greatest coverage at the lowest cost in 2025. How much you’ll spend depends on a lot of individual factors, but there are some major Medicare

Social Security will turn 90 years old in 2025, and a lot has changed during that time. Every year, the government makes adjustments to the program that help it take in greater tax revenue and increase benefits available to retirees, among other things. Next year is no different. There are five

Many of us have saved some money for retirement, but much less than we will need. If, for example, you’ve got $100,000, you might be aiming to have $1 million by retirement. That’s a decent goal, though many people might actually need more than a million-dollar nest egg — especially if retirement

A lot has changed since the 401(k) first came onto the scene in 1978. Contribution limits have risen significantly, adults 50 and older can now make catch-up contributions, and an increasing number of employers now offer Roth 401(k)s for employees who want to enjoy tax-free withdrawals in