Tag: retirement income
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Here Are the Average Social Security Benefits at Ages 62, 67, and 70
When it comes to retirement finances, Social Security plays a huge role for millions of Americans. There are exceptions for some workers, but for...
Want to Minimize Retirement Taxes? Don’t Follow This Popular Strategy
Aside from drawing down tax-deferred accounts before claiming Social Security, one way to sidestep this “tax torpedo” is by having Roth assets.Remember, for someone...
Is $2.5 Million the Magic Number for a 60-Year-Old’s Retirement?
With careful planning, $2.5 million can fund a comfortable retirement starting at age 60. But as with any major life transition, retirees must weigh...