If your FRA monthly benefit is $2,778, for example, waiting until 70 would boost that to $3,575. Starting at 62, though, will result in a monthly payment of just $1,822. The Social Security Quick ...

The answer is far from simple.

Christine Benz is director of personal finance and retirement planning for Morningstar. She is also the author of How to Retire: 20 Lessons for a Happy, Successful, and Wealthy Retirement. Email ...

Your early-fifties is an excellent time to start making a retirement budget. In your 40s, you risk jumping the gun. You're usually not even halfway through your career at age 40, since many people ...

Retirement is often framed as the reward after decades of work. The alarm clock goes quiet, the schedule opens up, and time finally feels like it belongs to the people who earned it. For many ...

For many savers, hitting $1 million in a retirement account feels like crossing a finish line. In reality, it is the starting point for a new kind of math, where portfolio size has to be translated ...

The 4% rule of retirement puts you on an austere budget in your leisure years. Even if you save a million dollars, the 4% formula allows you to spend only $40,000 of your money in the first year. But ...

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. Peri-retirement is a critical period of planning and decision-making that starts five to 10 ...