While claiming benefits early provides immediate income, the long-term reduction in monthly payments often results in ...

Longevity is complicating retirement in more ways than financial planners can count. For one, longer lifespans are fundamentally changing the question of when to retire. A 65-year-old has an average ...

One of the most important aspects of Social Security benefits is that they pay you a fixed amount for the rest of your life. That means that the value of one person's Social Security will be much ...

Throughout her career in finance, Gina has advised clients in the areas of investing, retirement planning, refinancing, debt ...

You can begin claiming benefits at age 62, but doing so will reduce your monthly benefit by 30% (assuming your full retirement age is 67). The reduced benefit may not sound ideal, but it's the ...

The Social Security Administration reduces your checks for each month you claim under your FRA. You lose five-ninths of 1% per month (6.67% per year) for the first 36 months. If you sign up more than ...

A proposal to cap Social Security benefits at $100,000 struck a nerve. Here are the details, and 7 other ways to shore up the program.

People are living longer—and they're also spending their last years in better health, according to new research.