What does it take to retire with a comfy $10,000/month in America? It's probably less than you think
Let’s not forget when you retire will have an impact on what it’ll take for you to comfortably take out $10,000 a month ...
Higher-earning spouses should wait to claim — but lower-earning spouses may not want to
Waiting makes sense if you are the higher-earning spouse — but if you're claiming spousal benefits, waiting may not be the right approach.
moneywise16d
What is the safe withdrawal rate for 2025?
A safe withdrawal rate is the percentage of your retirement savings you should be able to withdraw annually without risk of your money running out too soon. For decades, the 4% rule was the de facto ...
moneywise2d
I’m 65, single and just inherited $420,000 from my mom who recently passed away. How do I make sure this money lasts?
Preparing for retirement isn’t always about stashing a portion of your paychecks for your golden years. For some, it’s about accepting a windfall late in life and trying to make the money stretch. Let ...
moneywise10d
Is there a ‘right’ age to take benefits?
The earliest age a taxpayer can tap into their Social Security benefits is 62. However, full benefits can only be accessed once you hit your full retirement age. This system has sparked passionate ...
moneywise4d
Here are 3 major Medicare updates happening in 2025 — will you end up spending less?
Typically, retirees — just like everyone else — get just one chance a year to make modifications to their Medicare coverage so it's critical older adults stay on top of changes to the program ...
moneywise7d
My spouse passed away at 59. I'm 63 and mostly worked odd jobs with little Social Security contributions. Can I claim their benefits?
The nice thing about Social Security is that it's designed to help take care of you for the rest of your life once you claim benefits. People typically become eligible for Social Security by working ...
moneywise4d
Looking for early freedom? Here’s what happens to your Social Security benefits in America when you retire at 55
Most people qualify for Social Security after 10 years of working and earning work credits. However, if you work for less than 35 years, you’ll shrink the benefits you get — which could easily happen ...
moneywise14d
Mark Cuban calls healthcare pricing 'horrific', says hospitals and doctors are 'subprime lenders' forced to raise prices to cover losses
In December of last year, Mark Cuban took to social media platform Bluesky to share why he thinks the medical system is broken and what the U.S. can do to fix it. One of his suggestions included the ...
moneywise11d
Here’s the average Social Security check for more than 68 million Americans in 2025 — how do you compare?
More than 68 million Americans receive a Social Security benefit. Of those beneficiaries, 53,503,000 are aged 65 or older and 51,687,000 are retired workers. For those who haven’t retired yet, more ...
moneywise8d
Should I work one more year?
The average American household spends $6,440 a month (or $77,280 a year) on living expenses, including housing, transportation, food, insurance, health care and entertainment, according to the most ...