The White House has made it clear that Social Security and Medicare won't be affected by a proposed federal funding freeze. This freeze appeared to be off the table, after the initial OMB memo calling ...

Economic Hardship Reporting Project and Romper profile three people's varying uses of spreadsheets to figure if, when, and ...

Social Security benefits play an important role in retirement income. But for retirees who may not need some or even all of ...

Retiring with another person can go very wrong if you're not on the same page about what that retirement will look like.

Age 65 is a major transition for many individuals as they shift to thinking about retirement and begin to contemplate ...

A retirement budget balances your expected income in retirement with your expected living expenses and taxes. Financial planners may use some rules of thumb to generate estimates of how much you are ...

There’s a widespread rule of thumb that retirees need about 70% to 80% of their pre-retirement income. However, this ...

After 32 years in the classroom, she’s sharing her real monthly budget to help other retirees navigate their golden years. “Everyone talks about saving for retirement, but nobody tells you ...

Pro tip: Begin by crafting a year-one retirement budget. Include anticipated expenses such as travel, health care and discretionary spending. Be sure to account for inflation and unexpected costs.

Counting on an annual COLA can leave you short of cash. Planning for taxes is a good way to control your post-retirement budget. Nearly 68 million Americans receive Social Security benefits each ...

“If you do have a plan, and know your goal budget amount, it never hurts to put yourself on a trial retirement to see if you can live within that budget,” he explained. “You may discover ...