Among the options for salvaging the Social Security trust fund is pushing full retirement age (FRA) to 70. Low- and middle-wage earners would be most impacted by raising the retirement age. Some ...
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Average 401(k) balance at age 70, where do you rank?
By age 70, the typical American has already left full-time work or is on the cusp of doing so, which makes the size of a 401(k) balance feel especially high stakes. Knowing where you stand relative to ...
We were visiting dear friends in Torrington when a killer question attacked me. Our friends’ age 40-something daughter, Debbie, approached me with an excited look. Debbie explained that when she ...
The difference between the payments being received by different age groups is surprisingly wide. Much of this may be due to when beneficiaries were born and the economic backdrop during their working ...
Retirees can begin taking Social Security anytime after turning 62 years old. The longer you wait (up to age 70), the more you'll collect each month. While data shows there's a clear advantage to ...
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