The retirement age for Americans depends on who you ask. Some say it’s 62, which is when you can start collecting Social Security benefits. Others go by the Internal Revenue Service (IRS) guidelines: 65 years old for people born before 1960 and 67 for those born after. Regardless of the age you plan on retiring,…
The Golden State is a dream destination for many who can afford its high cost of living. But if you’re unsure which part of California to call home, we’re here to help. Each of these six vibrant cities offers its own unique atmosphere, perfect for a retiree’s lifestyle. 1: Carlsbad Carlsbad is a small city…
As one of the largest and most economically influential generations, baby boomers’ relocation choices matter. Whether they’re retiring or starting new ventures, factors like tax benefits and affordability are driving this generation to flock to these cities in large numbers. Welcome, Boomers SmartAsset used data from the 2022 U.S. Census Bureau 1-Year American Community Survey…
Climate, affordability and services are just some of the most important aspects to consider when choosing where to spend your retirement years. Financial technology company SmartAsset uncovered the cities retirees are moving to that are relatively easier on the wallet while offering an excellent quality of life. Decisions Decisions SmartAsset examined migration data from the…
It takes a lot of savings to be able to retire in today’s world. So, the thought of losing all or even part of your hard-earned cash to a scam is devastating. Unfortunately, many scammers target retirees, and they’re often successful. Fraudsters know how to find and attack people where they’re most vulnerable. Even if…
When it comes to retiring, where to spend your retirement years is as important a decision as when to leave the office. A WalletHub study shows that, unfortunately, retirees in one state have it harder than senior citizens in other states. So, before moving state borders during your golden years, you may want to scratch…
Whether you’ve sworn never to move again or or considering a move across state lines when you retire, it’s important to know which states offer the best (and worst) benefits for retirees. WalletHub researched and compared the data to determine the most and least suitable states for retirement. How does the state you live in…
Reaching retirement is the ultimate goal for many American workers. After years of the daily grind, the idea of giving up your nine-to-five in exchange for relaxing golf games, afternoon book clubs, and early dinners sounds phenomenal. While retirement can be an incredible time of life, it also brings its own anxieties. Chief among them…
McDonald’s and Denny’s aren’t the only places retirement-aged Americans can land senior discounts. Many retirees are unaware that they can access free or affordable college education options in their state. Kiplinger set out to change that, highlighting the schools in each state that offer free or heavily discounted higher education for people of retirement age….
Considering retiring somewhere new? The city you choose can have a huge impact on your finances and well-being. According to research by U.S. News & World Report, your golden years could shine even brighter depending on where you decide to settle down. U.S. News gathered its data by assessing the 150 largest metropolitan areas in…
