I don’t have much savings, only about $140,000 between cash savings and a Thrift Savings Plan. Our take-home total each month ...

Verify that the letter you received is actually from the Social Security Administration before responding. If you're dually eligible for benefits, your spousal benefit could decrease without your ...

My husband’s job did pay into Social Security, and he gets $3,100 in retirement benefits. I just learned that when he dies, I won’t get a nickel in widow’s benefits because of something ...

So, imagine my shock when a Social Security rep recently told me that after I die, my wife’s widow’s benefit will be based on my full retirement age rate, not my age 70 rate.

This is a very important distinction - your wife, should you marry, could receive as much as your full monthly benefit (or more, if you were to delay claiming until after your full retirement age ...

Or you could wait until age 70 and get a bonus of about 28% added to your monthly benefits. (The bonus is two-thirds of 1%for ...

Once your wife reaches her full retirement age (FRA) of 67, she can receive up to 50% of however much your benefit is at your full retirement age (it doesn't matter when you started claiming, but ...

I could live on my Social Security alone, as I wouldn’t have a house payment if I paid off the reverse mortgage.” ...

Well, guess what, folks? There is no magic answer. There are no secrets. There are no special formulas. You simply have to sit down, maybe with a calculator and pencil and paper, and go over your ...

According to the Social Security Administration (SSA), the estimated average monthly retirement benefit for January 2025 was $1,976. This would translate to almost $4,000 for a couple.