Social Security

Some of these states, however, may not be tax-friendly for retirees.

Some of these states, however, may not be tax-friendly for retirees.

The average retirement age is 61, with only 4% of seniors working until the age of 70 or older, according to a Gallup survey.

The average retirement age is 61, with only 4% of seniors working until the age of 70 or older, according to a Gallup survey.

Advisers can protect their clients' retirement savings by allocating their assets across equities, fixed income and cash.

Each pre-retiree couple is in a unique circumstance, and needs to account for their health and longevity, as well as their willingness and ability to work.

Retirees are likely to have fewer choices when they start shopping around for Medicare Advantage plans during the open-enrollment period that begins Oct. 15.

Employees should consider a dependable second-hand car instead of a new one, and then redirect the money saved into a retirement account.

Rates are likely to remain low, which will have a negative effect on retirees and older workers who are adjusting their portfolios in preparation for retirement.

Rates are likely to remain low, which will have a negative effect on retirees and older workers who are adjusting their portfolios in preparation for retirement.