Got $1 Million Saved Up? Do This to Maximize Social Security Income

Middle-income people who have saved and invested for retirement should wait until age 70 to claim Social Security income, according to new research. The data show that is the best approach to retirement-income planning for people who have saved between $100,000 and $1 million. Steve Vernon, a research scholar at the Stanford Center of Longevity, […]

New York Moves to Create Retirement Plans for Millions of Small Business Employees

New York state ratifies a retirement plan initiative that will create retirement pension plans for workers who need them. The New York Secure Choice Savings Program will start sometime in 2019. It is a retirement savings plan for employees who work for companies that don’t offer them a 401(k) package. About one-third of working Americans don’t […]