While everyone is different, here's a snapshot of what to expect if you've saved roughly what the average boomer has.
As economic pressures mount, many Americans are feeling forced to delay their retirement plans. According to a 2025 report by F&G Annuities & Life (1), 70% of pre-retirees over 50 are considering ...
That’s not a coincidence, but a side effect of bureaucracy. Sixty-two happens to be the earliest age a person is eligible to claim Social Security benefits. Delaying retirement would maximize the size ...
For many, retiring at 62 feels like winning the game early. No more alarm clocks, no more meetings, no more pretending you enjoy performance reviews. But before popping the champagne, there are some ...
Kristina Byas is contributor at Investopedia. As a personal finance expert, she has lent her insights and knowledge to numerous financial publications. Her articles have helped readers navigate the ...
Homeowners are often advised to pay off their mortgages ahead of retirement. While doing so eliminates debt, it could also result in limited liquidity. Consider your mortgage rate and tax situation ...
A number of member of Congress from both major parties have announced they are heading for the exits, either because they are seeking higher office, are not running again or are leaving early before ...
Retiring without adequate savings could put you in a difficult financial situation. If your investments have recently tanked, you may want to wait until they recover before dipping into your savings.