Social Security's 'biggest myth' leads people to claim early, expert says. Even a slight delay can boost retirement income
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Social Security’s ‘biggest myth’ leads people to claim early, expert says. Even a slight delay can boost retirement income
A recent Social Security report showed a strong economy has helped the program. Still, Social Security’s trust funds may be depleted in the next decade, if no changes happen sooner. Many Americans have a misplaced worry that benefits will disappear. “The biggest myth about Social Security is that when the trust fund runs out, the […]
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New retirement rule will help protect retirement savings of Americans already struggling to save
The Biden-Harris administration recently announced a finalized retirement rule that will help individuals save for retirement. The Retirement Security Rule updates the definition of fiduciary, a financial manager that follows a certain code of ethics. The amended definition requires financial managers to have set policies that guide them in advising individuals. These policies instruct professionals […]
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How to Retire Early by 50
You can retire early by 50 or 55 if you take these FIRE (Financial Independence, Retire Early) steps now.