Social Security numbers are everywhere and used for securing a ton of products. However, they're completely not secure and easy to buy on the dark web.
It can immediately slash living expenses in half. Make sure everyone has the same expectations about communal living, personal space and bill sharing. Home sharing with another retiree provides similar financial benefits without the complicated relationship dynamics that can come along with moving
If you've read the latest headlines, you know millennials get a mixed financial rap. Some reports say they're throwing their money away on avocado toast and dining out, while others claim they're killing ...
For many people, retirement — never mind early retirement — seems out of reach. Social Security benefits alone aren’t enough to live the good life during your golden years, and, as we’ll discuss later, you’ll want to put off taking that money as long as you can. If you have zero savings right now,
A debt-ceiling crisis would mean a tough dilemma, whether to pay obligations like Medicare and Social Security or to honor bonds.
For many people their biggest stash of savings is hidden away in tax-advantaged retirement accounts. Unfortunately, the government imposes a 10 percent penalty on any withdrawals before age 59 1/2. Some early distributions qualify for a waiver of that penalty -- for instance hardships, higher education
Planning, saving and investing for retirement are financial priorities for most Americans. Anyone with even the most general sense of how saving and investing works knows saving as much as possible as early as possible is the smartest path to an early and enjoyable retirement. A recent study by the
In 2010, Wallace Kirkpatrick, 89, was living alone in San Antonio after his wife died. A friend suggested that “Kirk,” as everyone called him, get an apartment in the assisted living facility whe...
If you're interested in increasing your leisure time, you probably don't want a retail business with local customers and employees. A laptop business allows you to make your own hours and clock out for the month when you've made enough to pay your bills. In some parts of the world, you
These days more people save in their 401(k) retirement plans by relying on cruise control. You’re automatically enrolled when you join the company, your money is deposited regularly in an investm...
A nice stash of extra cash is always a good idea, and it could be especially important for those who don't have paychecks coming in anymore.
Older Americans are especially vulnerable to scams and identity theft, and Medicare is doing something about it. U.S. seniors will start receiving new identification cards next year as part of an effort to protect them from the rising risk of fraud. Medicare cards use an identifier called the Health
When you should start taking your benefits and how your provisional income affects your taxes are two critical pieces of the retirement puzzle. To make the right moves, you need to look at the big picture.