Retirement scan

Seniors are advised to sign up for Medicare when they are about to reach the age of 65, or they face a hefty penalty for the rest of their golden years.

President Trump's budget is expected to call for spending cuts on programs intended to help poor households, while keeping Medicare and other programs designed to assist older people.

More people are taking part-time jobs providing housekeeping and other services to seniors who are living independently.

Millennials change jobs more than older generations, but thinking about the future is not a huge priority.

Continuously increasing the FRA is particularly hard on lower-income workers because they tend to retire early.

Wealthy retirees live longer and collect more Social Security compared to those in lower income groups, making the program less progressive, a study found.

Investors are more likely to invest less aggressively over the years even if the decision does not make sense, according to a new study.

Most Americans are saving too conservatively to generate the income they'll need in retirement even after accounting for Social Security.

Retirees who opt to defer their Social Security and pension benefits and have no taxable income may want to sell securities outside their retirement accounts.

Clients may want to create an account on Social Security's official website to get a good estimate of their retirement benefits.

Retirees may opt for current market valuation or their funded ratio as the basis for the allocation.

Americans aged 50 and older would pay bigger health insurance premiums under the new health care bill that cleared the House of Representatives.

Retirees are advised to find gigs that suit them and have realistic expectations about the work they do.

Owning a home brings benefits for retirees, but so does renting. One example: renting puts a limit on housing costs, one of the biggest expenses for retirees.

More people are planning to wait to file for benefits, but just 25% are even aware of their full retirement age.

Retirees saw a small increase in expendable income once they started collecting Social Security, according to a new study.

Clients should not necessarily consider a 401(k) the first stop for retirement savings.

The partner who first reaches 62 should consider delaying Social Security until the age of 70, and they should continue contributing to the retired spouse’s IRA if possible.

To build a strong portfolio, investors should consider blue-chip stocks that pay high dividends.

Clients should opt for simpler annuities, which tend to be less expensive than those with more complicated terms.