Understanding how long you might live is a key to retirement planning
"Increased longevity changes everything," Joseph Coughlin, director of the AgeLab at MIT, told Yahoo Finance. "It is not just about more time, it adds more complexity."
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"Increased longevity changes everything," Joseph Coughlin, director of the AgeLab at MIT, told Yahoo Finance. "It is not just about more time, it adds more complexity."
An 8.7% bump still is uncommon and would be the largest since 1981, when the COLA was 11.2%. A COLA of 8.7% would ramp up the average retiree benefit of $1,656…
According to the new Fidelity Retiree Health Care Cost Estimate, a retired opposite sex couple age 65 in 2022 may need an average of $315,000 saved (after tax) to cover health…
What three financial advisers suggest and how the U.S. government could help low- and moderate-income retired Americans
Most retirees say that all four pillars—health, family, purpose, and finances—are crucial to optimal well-being in retirement, which makes sense to me. And retirees, when compared with younger Americans, are…
"One of my mentors, in his 80s at the time, once told me it’s a lot more important to be interested than to be interesting," Marc Freedman, founder and chief executive of Encore.org…
I decided in my later years it was not going to be turn out the lights and devote myself to playing 24/7. I’ve come to see this evolving stage of…
Some retirees may be surprised to learn that a portion of their Social Security benefits could be subject to federal income taxes.
“It enables them to earn income, continue saving for retirement and bridge savings shortfalls — with more free time for personal pursuits," says Catherine Collinson, CEO and president of the…
Daniela Barnea, who is 73, typically swims for up to an hour and a half, seven days a week. At her age, that kind of workout, during which she covers…
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