Retiring at 55 might seem too young. You can easily work another decade. Plus, you can’t collect Social Security until 62 at the earliest. Even then, you’re losing money by receiving benefits before ...

If you plan to dip into your 401(k) at 55, you can do so without a hefty tax penalty in certain circumstances. But should you? A recent MassMutual survey found that the average age for Americans to ...

Key Points With a 401(k), you could face an early withdrawal penalty for removing funds before turning 59 1/2. Under certain ...

Choosing the right age to retire is crucial, since once you leave the workforce, you may not be able to return. If you decide to go back to work, you'll likely have to find a new job, possibly at a ...

Although many of us enjoy our chosen careers, even those who feel genuinely happy as they set off for work every day secretly dream of retiring, trading in meetings and memos for gardening and ...

Turning 65 and thinking about retiring and claiming Social Security? Depending on your budget and means, you might want to hold off. That's because your monthly Social Security benefit may be higher ...

Dear Rusty: I will be 65 this year and my husband is 72 (he retired in 2019 at age 66). I would like to retire and enjoy some time with him before he gets too much older. I do not want to have my ...

For many Americans, Social Security is the cornerstone of retirement income. Nearly 90% of people over age 65 receive benefits from the program, according to the latest data from the Social Security ...

You could increase your benefits by waiting until 67 or later to claim Social Security. Regardless of your benefit at age 65, it's probably not going to be enough to enjoy a comfortable retirement.

Millions of Americans receive Social Security benefits, whether it be retirement checks or disability payments, known as Supplemental Security Income (SSI). On Friday, August 1, checks will go out for ...