Everyone dreams of enjoying an early retirement - but how many of us can? Truth is, you're going to need some serious savings ...
With retirement nearly within your grasp, a few years more of working may seem daunting. But before you make any final ...
Retiring at age 62 and filing for Social Security will reduce a person’s lifetime benefits by up to 30% compared to waiting until their full retirement age. However, a person with $2.5 million in a ...
Choosing when to claim Social Security can change your retirement money a lot. Claiming at 62 gives smaller monthly payments, ...
While it's impossible to know the exact amount, there is a lot of publicly available information about Social Security. Here's the maximum Social Security benefit at ages 62, 67, and 70.
Social Security's full retirement age for people born in 1960 or later is 67. If you claim benefits at 62, you'll reduce ...
What’s the best time to take Social Security? If you listen to finance guru Dave Ramsey, the answer is clear. Ramsey ...
Question: “I am 57 and would like to retire at 62. I have an old 401(k) from a job I left in 2019 that has over $450,000 in it, but I cannot contribute any more to it. My new job has a 401(k) but I am ...
If you were born after this certain year, you won't be able to collect Social Security benefits for several more years. Here's why.
Some big changes are coming to Social Security in 2026 that you need to know about if you are nearing retirement. One of ...
At age 62, you become eligible for a home equity conversion mortgage (HECM) — a type of reverse mortgage insured by the Federal Housing Administration (FHA). Available through FHA-approved lenders, A ...
Question: I’m 57, with $1.8 million saved, and want to pivot to a low-stress job for the next decade. My wife says to keep cranking and retire at 62 instead. Who’s right? Answer: Work culture in the U ...