From Gen Z to Boomers, a new look at workplace retirement plans reveals wide differences in how people contribute—and how much impact even a small change can make.
Rajeev Dhir is a writer with 10+ years of experience as a journalist with a background in broadcast, print, and digital newsrooms. Vikki Velasquez is a researcher and writer who has managed, ...
The Federal Reserve conducted its latest Survey of Consumer Finances (SCF) in 2022 and published the results in October 2023. The triennial report provides an overview of income, assets, liabilities, ...
You must claim Social Security benefits at your full retirement age to get your standard benefit. Early filing penalties or delayed retirement credits apply if you claim before or after your FRA.
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 ...
While many people still retire before the age of 67, others now work into their late 60s and 70s. How much to save depends partly on the lifestyle you want in retirement. There are ways to max out ...