The Worth of a Retirement Dollar

How much do you have saved for retirement? That's a standard retirement planning question to ask, but the answer isn't as cut and dry as it may seem. Even if you come up with a dollar figure, the actual value of that figure depends on what kind of money it is….

A Paycheck Pays Off

You may have a clear vision for a deeply satisfying retirement life of social activities, travel, and volunteering. But in most cases, unless you are truly wealthy, you should also have a concrete plan for some type of paid work, especially if you retire earlier than “normal retirement age.”…

Maximum Benefit

The maximum Social Security benefit for a new retiree in 2018 is north of $33,000 per year at full retirement age and can be even higher for workers who wait. So how much do you need to earn if you want the maximum Social Security benefit when you retire?…

Getting By on the Average

The average household led by a retiree makes $48,000 annually before taxes and spends roughly $46,000 a year. That's according to the Bureau of Labor Statistics' (BLS) measure of the income and outflow of "older households," meaning ones headed by someone 65 or older….