Social Security

While some experts recommend annuitizing at least 25% of savings to generate guaranteed income in retirement, clients should weigh other options before making a decision.

People who were born in 1960 and later can start collecting Social Security retirement benefits as soon as they reach 62, but their full retirement age has been increased to 67.

Knowing full retirement age is a key to developing a claiming strategy that will enable pre-retirees to maximize Social Security benefit.

Knowing full retirement age is a key to developing a claiming strategy that will enable pre-retirees to maximize Social Security benefit.

With the full retirement age increased, the advantages of waiting until age 70 have been somewhat diminished.

With the full retirement age increased, the advantages of waiting until age 70 have been somewhat diminished.

A retired substitute teacher can expect a two-thirds cut to her Social Security spousal benefits because of the government pension offset provision.

A retired substitute teacher can expect a two-thirds cut to her Social Security spousal benefits because of the government pension offset provision.

92% of 401(k) participants are unaware of the fees they pay in their plans, creating the potential to lose a substantial amount of retirement savings

A survey has found that running out of savings and lack of Social Security benefits tops the list of concerns.