Lee Conrad

This period allows seniors to be more strategic about generating income from their portfolio and minimizing taxes.

"Some analysts have argued for years that the SSA’s estimates systematically underestimate future benefits for most people," an expert says.

Social Security benefits will increase 2.8% next year, but some retirees will not see a rise in their retirement paycheck because of Medicare's hold-harmless provision.

Retirees could end up paying taxes on the majority of their Social Security benefits when certain conditions are met.

Scammers can learn quite a bit of information from social media so don’t think that just because they know a couple pieces of information about you and your family that they are legit.

"Retiring just before a stock market peak could be ruinous to your financial health but it doesn’t have to be,” says an expert.

Assisted-living expenses increased 7%, according to one study, which is triple the rate of inflation.

The move is the latest effort to reduce the early flow of money out of 401(k)-style plans.

The years between 60 and 70 present a great opportunity for seniors to make financial moves to protect their retirement savings.

Older couples should determine whether they are physically ready for the task, as moving can be stressful for people of advanced age.