From time to time, we get a listener question on our Sunday morning show on WCCO that opens the door to a much larger financial planning conversation. This is one of those questions: “I’m 62. I ...

Social Security's trust fund is now projected to run dry in 2032, a year earlier than expected, potentially cutting benefits ...

Survey data shows how retirement savings differ by age, including how many Americans have accounts and how much they’ve saved. See how you compare to others your age.

Social Security payment amounts are determined by several factors, including age of retirement or the amount paid into Social Security.

Millions of workers don’t have employer-sponsored retirement accounts. But the president’s proposal in the State of the Union speech may not answer their needs.

If you're expecting to continue working well into your 60s, you may want to hold off on filing for Social Security ahead of ...

The reality is sobering: The average 401 (k) balance of a Gen Xer is about $190,000, while the average balance for Boomers ...

Situated on Maryland’s Eastern Shore along the Chester River, this town of approximately 5,000 residents provides the rare ...

Social Security could end up paying you a pretty decent amount of money in retirement. And if you don't have much savings, those monthly benefits may constitute the bulk of your retirement income.

A growing number of retirees have been paying federal tax on their benefits. A new $6,000 per person senior deduction reduce taxes for some seniors, but doesn’t change the way Social Security is taxed ...