Don’t Run Out of Money in Old Age – What if you live too long — and run out of money? That’s every retiree’s worst nightmare. Not the living longer part, but the impoverishment part. And since few people earn lifetime pensions these days, Social Security is the only income you can count on to last as long as you do.
4 Money Mistakes in Your 20s That Will Haunt You When You Retire – The early years of your adult life are some of the most crucial to your long-term financial success. Here are four things our experts want you to get right, so you don’t retire with lots of regret.
5 things the IRS can teach your family about money – The Internal Revenue Service is not the most popular government agency, especially this time of year. Yet there are a number of things you can learn from the IRS that can improve your financial situation. Here are five of them.
5 Ways to Break Your Bad Money Habits – These tips will help you break your spending patterns before they break you. Spend enough money, and you’ll quickly learn the definition of a bad money habit. Few people need to be told not to overspend on credit or debit cards or to curb impulse shopping. You know you shouldn’t, even if you always do. What you need are solutions.
This Little-Known Pension Rule May Slash Your Social Security Benefit – If you are covered by a public sector pension, you may not get the Social Security payout you’re expecting. Some U.S. workers who have paid into the Social Security system are in for a rude awakening when the checks start coming: Their benefits could be chopped up to $413 per month without advance warning.
3 Money Mistakes in Your 40s That Could Derail Your Retirement – Your 40s represent the midpoint in your working lifetime, and they’re some of the most important years for your long-term financial well-being and your ability to retire comfortably. Because of this, it’s important to avoid certain mistakes that could hurt your retirement plans that you’ve been working so hard toward. Here are three of the biggest mistakes to avoid, as explained by our experts.