What does it take to retire with a comfy $10,000/month in America? It's probably less than you think
Let’s not forget when you retire will have an impact on what it’ll take for you to comfortably take out $10,000 a month ...
Higher-earning spouses should wait to claim — but lower-earning spouses may not want to
Waiting makes sense if you are the higher-earning spouse — but if you're claiming spousal benefits, waiting may not be the right approach.
moneywise15d
What is the safe withdrawal rate for 2025?
A safe withdrawal rate is the percentage of your retirement savings you should be able to withdraw annually without risk of your money running out too soon. For decades, the 4% rule was the de facto ...
moneywise9d
Is there a ‘right’ age to take benefits?
The earliest age a taxpayer can tap into their Social Security benefits is 62. However, full benefits can only be accessed once you hit your full retirement age. This system has sparked passionate ...
moneywise3d
Looking for early freedom? Here’s what happens to your Social Security benefits in America when you retire at 55
Most people qualify for Social Security after 10 years of working and earning work credits. However, if you work for less than 35 years, you’ll shrink the benefits you get — which could easily happen ...
moneywise6d
My spouse passed away at 59. I'm 63 and mostly worked odd jobs with little Social Security contributions. Can I claim their benefits?
The nice thing about Social Security is that it's designed to help take care of you for the rest of your life once you claim benefits. People typically become eligible for Social Security by working ...
moneywise7d
I’m 52, my portfolio just hit $2,000,000, and I want to spend $150,000/year comfortably — can I make the math work and retire now?
The good news is that a $2 million nest egg is not too shabby and can sustain you for the rest of your life as long as you don’t spend it irresponsibly. According to Vanguard's 2024 How America Saves ...
moneywise7d
Should I work one more year?
The average American household spends $6,440 a month (or $77,280 a year) on living expenses, including housing, transportation, food, insurance, health care and entertainment, according to the most ...
moneywise10d
Here’s the average Social Security check for more than 68 million Americans in 2025 — how do you compare?
More than 68 million Americans receive a Social Security benefit. Of those beneficiaries, 53,503,000 are aged 65 or older and 51,687,000 are retired workers. For those who haven’t retired yet, more ...
moneywise4d
I’m 45, have $2,500,000 in savings and want to quit my high-stress job in order to travel — how long can my money last?
Early retirement is a dream for many people, especially for those in high-stress positions. If you're 45 years old, have $2.5 million saved up and are not enjoying your work, it's absolutely ...
moneywise13d
Mark Cuban calls healthcare pricing 'horrific', says hospitals and doctors are 'subprime lenders' forced to raise prices to cover losses
In December of last year, Mark Cuban took to social media platform Bluesky to share why he thinks the medical system is broken and what the U.S. can do to fix it. One of his suggestions included the ...
moneywise10d
The truth behind Social Security's funding
To understand the government's borrowing from Social Security, it's important to know how the retirement benefits program is financed. Under the law, workers and their employers pay a dedicated Social ...