Posts Tagged ‘social security’

If you recently became retired or you’re about to retire in the near future, it’s important to prepare financially. Adjusting to a post-retirement life can take some time, and as such, many retirees tend to make some financial mistakes along the way. Some of the following are common money mistakes that retirees make, and ones […]

If you’re still many, many years away from retiring, then saving for it now is probably the farthest thing from your mind. Maybe you have other financial goals in mind, such as buying your first home. But saving for other big things doesn’t mean you can’t begin your retirement saving now, either. Even if it’s […]

Your Social Security number is a unique set of digits that is assigned to only you and is used for a variety of purposes, such as taxes and credit. There are times when you may need to give out your Social Security number—for example, when applying for a loan. But you should always be cautious […]

Cons While retiring early might sound like a fantastic plan, you’ll also want to keep some of these disadvantages in mind: You’ll need a bigger retirement nest egg   The sooner you stop working, the more money you’ll need to have saved for your expenses. And if you’re contributing to a retirement plan through your […]

  Have you been contemplating an early retirement? If you’re financially prepared to quit working prior to the average retirement age of 62, but you’re not sure if retiring early is the best decision for you, you should carefully consider both sides. Pros Although one the most obvious advantages of retiring may be that you […]

If you’ve been working towards an early retirement and wondering if it’s finally time, the following are some signs that you might just be financially prepared: You’ve eliminated all your debt If you still have loans and credit card debt, you might want to re-consider an early retirement. When you’re no longer working and you […]

Although the average retirement age is currently 62, that doesn’t necessarily mean you can’t quit working and retire comfortably much sooner than that. If you’ve been working towards an early retirement and wondering if it’s finally time, the following are some signs that you might just be financially prepared: Health insurance Make sure you already […]

If retirement is right around the corner, you’re probably more than ready for your much deserved rest and relaxation. But wait, not so fast—before retiring, there are certain financial matters you should take care of first so that you can ensure a comfortable lifestyle after you quit the corporate world. Set a budget for retirement […]

It’s never too soon to start thinking about retirement. The age you’re able to retire and the type of lifestyle you’ll be able to have during retirement will likely rely heavily on how much you receive in Social Security payments. Before you retire, here are some tips for increasing your Social Security checks. Stay employed […]