Social Security

The spike in the number of older employees in the workplace reflects a trend over the past decade.

Taking advantage of catch-up contributions is one of several methods that can help them get back on track.

Retirees can reverse their claiming decision, but not without considering one important caveat.

Seniors may consider working longer or relocating somewhere where their benefits are not subject to state taxes.

Pre-retirees are encouraged to save aggressively and create a list of things they plan to spend their money on without remorse, an expert says.

Clients can void overspending by seeking out sales and discounts to lower their food and entertainment costs.

While they don't need a child to claim the earned income tax credit, the benefit's value increases based on the number of kids clients have.

"Since no one has a crystal ball to predict what will happen, I advise saving money on both sides of the tax fence," an expert says.

While retirement readiness among Americans has improved in general, Gen Xers are struggling with housing, college and medical costs, a survey finds.

After developing a plan to cover their bills and emergency expenses, clients in a new marriage are advised to start working on their long-term goals.

Nearly 48% of younger Americans feel they are not saving enough to secure their lifestyles after leaving the workforce, a report finds.

Salary increases can make long-term planning more complicated if investors boost their lifestyle instead of their savings, an expert warns.

Many pre-retirees leave the workforce sooner than anticipated as a result of various factors, such as job loss and illness.

Retirees may benefit from moving money to various locations that offer better savings rates and returns.

Although the federal penalty was axed for those who failed to register for a plan, some states will continue to impose the coverage mandates.

A recent study found American workers would face better retirement prospects if the federal government adopts certain public policy changes.

Along with other decisions, dating the amount of money they need to withdraw would help them in retirement planning and spending.

Seniors can claim tax deductions for payments made on their homes, allowing them to reduce their tax burden when they retire.

It is important for entrepreneurs to have an exit strategy and to take control of their debt.

Developing a comprehensive plan can help "avoid the negative compound interest effect in a declining market."