The age of 65 is a major transition for many people as they move on to retirement thinking and begin to consider benefits such as social security and medicare. Pension planning means that you will need to consider taxes, health care, retirement budget and more. With $ 1.5 million in IRA and two social security … Read more
My wife and I are 66 years old. She retires at 62 and is already collecting social security. I plan to retire at the end of this year at 67. We have only approximately $ 150,000 in 401 (k) account together and we will receive approximately $ 6,500 in social security per month when we … Read more
Smartastit and Yahoo Finance LLC can earn a commission or revenue through links in the content below. My wife is 76 years old, born in 1948. She retires at a full retirement age and is currently raising $ 1.076 a month. This year I will retire and start collecting 70 (I was born in 1954). … Read more