GOBankingRates

While retirement should be a period where you don't have to worry about your finances, it never hurts to bring in some passive income to supplement your monthly Social Security benefit and your...

6 Ways Retirees Can Earn $100 A Week in Passive Income This Summer

SmartAsset

Retiring at 66 with $900,000 in a Roth IRA and $2,200 in Social Security benefits likely is a reasonable plan for many retirees. The income you could reasonably expect to generate from your Roth withdrawals, coupled with your Social Security benefit, probably will be somewhat more than the typical retiree's expenses. You can likely expect […] The post I Have $900k in a Roth IRA and Would Receive $2,200 Monthly from Social Security. Can I Retire at 66? appeared first on SmartReads by SmartAsset.

I Have $900k in a Roth IRA and Would Receive $2,200 Monthly from Social Security. Can I Retire at 66?

Retirement should be enjoyable and stress-free. You certainly don't want to have any worries about your housing situation.  You've reached the age where you might consider selling your home for a...

5 Reasons Retirees Shouldn’t Sell Their Homes in 2024

WashingtonExaminer

Outstanding student loan debt could significantly cut the amount retirees receive in their Social Security checks. Retirees may have part of their Social Security checks withheld by the government in order to pay off their outstanding student debts. This significantly imperils retirees, who, unlike younger workers, have no way to pay off the debts otherwise, […]

Social Security update: Why millions of retirees could see $300 cuts to retirement checks

Retiring abroad is becoming increasingly popular among senior Americans, and if you have your eyes on the best place to spend your golden years, we have a few solid options, thanks to a study by Global Citizen Solutions, a boutique investment migration company. The report reveals that Spain and Portugal, celebrated for their excellent health care, quality of life, and security, as the most popular retirement destinations for senior U.S. citizens.

American Retirees Are Moving to This Country for Excellent Health Care, Low Cost of Living, and High Quality of Life

Your Social Security benefits and savings may not go far enough to cover your post-retirement living expenses. According to the Schroders 2024 U.S. Retirement Survey, 47% of respondents faced...

How to Make Extra Money During Retirement

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Anika Jindal

Retirement should be a time for relaxation, not financial stress. Overspending on luxury items or ill-advised investments can jeopardize your financial stability. This article will discuss certain purchases that retirees, particularly Baby Boomers, should avoid to maintain their financial health. Let’s explore these potential pitfalls to ensure a secure and peaceful retirement.

12 Purchases Boomers Should Never Make During Retirement

The Motley Fool

You may be entitled to more than you think from Social Security.

1 Lesser-Known Social Security Rule All Retirees Should Know

Pennsylvania State

Chester County, PA

DELCO.Today

Elizabeth Myambo, an active Arc of Chester County participant, has been chosen to represent Pennsylvania in the National Miss Amazing 2024 Experience. Elizabeth Myambo, an active Arc of Chester County participant, has been chosen to represent the state of Pennsylvania at the National Miss Amazing 2024 Experience in Chicago, Illinois by The Miss Amazing Organization.

Arc of Chester County Participant Elizabeth Myambo to Represent Pennsylvania

Philadelphia, PA

Both Wawa and Sheetz hope to build their convenience stores at the same Phoenixville intersection, but neighbors aren't having it. Both Wawa and Sheetz aim to build their convenience stores at the same Phoenixville intersection, but neighbors aren’t having it as they raise concerns about what the builds would bring to their “suburban oasis,” writes Jesse Bunch for The Philadelphia Inquirer.

Nearby Chester County Neighbors Raise Concerns About Wawa and Sheetz Wrecking ‘Suburban Oasis’

As people move toward retirement age, having a realistic budget is imperative to cover monthly expenses. While everyone has a different financial situation and spending habits, understanding how much...

Retirement Planning: How Much the Average Person Under 70 Spends Monthly

Eddystone, PA

The childhood Eddystone home of Jennifer Aniston. A 3-bedroom home in Eddystone where Friends actress Jennifer Aniston spent part of her childhood has recently sold, reports 94.5 WPST. The 3-bedroom, 1 full bath home, no longer owned by Aniston’s family, sold a few weeks ago. It is located on a...

Eddystone Home Once Lived in by Jennifer Aniston Recently Sold

There are many reasons to consider going ahead with your home purchase and circumstances when waiting a bit longer may be the best decision. If you’ve been wondering whether you should wait for mortgage rates to come down before you buy a house, you’re not alone. High rates and home prices have made many prospective buyers decide to sit out of the housing market. Over the past few years, we’ve seen mortgage rates climb from as low as three percent in 2021 to almost eight percent in early 2024. Many had predicted that rates would come down this year, but they haven’t decreased as much as expected.

Should You Wait for Rates to Come Down Before Buying a Home?

Retiring doesn't mean your spending habits have to, too. In fact, many retirees find themselves burning through cash thanks to mindless money traps they can't seem to shake. We're talking tiny leaks...

I’m a Shopping Expert: 7 Bad Habits That Are Costing Retirees $600 Every Month

Swedesboro, NJ

"Wholesaler Magazine" named Joe Pro a PVF Hall of Fame Inductee — a culmination of his lifetime of leadership roles and ongoing education. It seems that the title of “President” has followed Joe Pro around for most of his life. At Chichester High School, in Boothwyn, he...

Joe Pro: This President’s Now a Hall of Famer

McPhersonBuzz News

Derek Ferguson advocates for secure retirement solutions that provide guaranteed income to combat the risk of Americans. Derek Ferguson Advocates for Secure Retirement Solutions and Wealth Transfer Equity Derek Ferguson, speaking on Yahoo Finance’s Financial Freestyle with Ross Mac, raised concerns about retirement readiness. He pointed out that nearly 40% of Americans risk running out […]

Derek Ferguson Urges Guaranteed Income Solutions for Retirement Security Amid Rising Financial Risks

A new IRS rule says most people must withdraw the total balance of inherited IRAs within 10 years of receiving them. This could impact how you should manage your inheritance, as financial expert Suze...

Suze Orman: Here’s How To Avoid a Major Tax Bill on Your Inherited IRA

Longwood, FL

The Century Plant at Longwood Gardens has grown so tall that a pane of glass had to be removed from the greenhouse so that it could continue growing. Longwood Gardens has waited nearly two decades for a roof-popping bloom of Agave americana, known as the Century Plant. This perennial succulent...

After 20 Years, Rare Century Plant Blooms at Longwood Gardens

Editor's Note: This story originally appeared on NewRetirement. Average retirement savings is a popular topic. But new analysis using the Survey of Consumer Finances (SCF) data reports on what it takes to be in the top 1%, 5%, 10%, and 50% of wealthiest retirees. Read on to see how you...

Are You Among the Wealthiest 5% of Retirees?

FinanceBuzz

Discover the 9 life-changing habits retirees can ditch today to embrace a happier, more joyful tomorrow.

9 Ways Retirees Can Simplify Life (#5 Saves a Lot of Money)

NewsBreak

For Some Retirees, Real Estate Is Right Choice for Their 401(k)

Those who choose real estate as their source of income in retirement believe that the rewards outweigh the risks. Some investors are choosing to forego Wall...

For Some Retirees, Real Estate Is Right Choice for Their 401(k)

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