Fewer people are claiming Social Security at age 62, according to a new analysis.
Don’t be distracted by the bells and whistles. The basics are what counts.
Life spans are increasing, with the average 65-year-old likely to live at least two years longer than 65-year-olds were expected to live 10 years ago.
Retirement actuary Steve Vernon says working less while delaying Social Security is the best way to retire.
The longer your parents lived, the longer you plan to work, a new study found.
How would you like a pension that didn’t kick in until you were 75, but paid generously after that?
Longevity risk is a big concern for my friend, whose mother is approaching her 104th birthday. Here’s what she’s doing to ensure she’ll have enough money.
Men are living longer than they used to — catching up to women whose lifespans aren’t lengthening as quickly as they used to.
Writer and actress Sandra Tsing Loh has an article in the March issue of The Atlantic magazine called “Daddy Issues” in which she bemoans her 91-year-old father’s longevity because, she says, hiring people to care for him is driving her to the poorhouse.
I added up the costs she mentions, and those alone were about $10,000 a month — a staggering $120,000 a year — for live-in help to look after her incontinent and self-absorbed but otherwise healthy father and her dementia-afflicted 72-year-old stepmother. Loh rages:
My family is throwing all our money away on powdering our 91-year-old dad’s giant-baby ass, leaving nothing for my sweet little daughters, with their thoughts of unicorns and poetry and dance, my helpless little daughters, who, in the end, represent me!
If you’re feeling nervous about investing your retirement savings in this unstable investment environment, Jerry Golden, who is an actuary as well as a registered investment adviser, thinks you should calm down. He advises people doing retirement planning to remember they are going to get Social Security, and “Social Security is one of very few