There’s a reason the decision to claim Social Security is such an important one. Your filing age will help determine how much money the program pays you every month. And seeing as how your Social ...

Social Security works well as a complement to retirement savings, but it shouldn’t be the only (or even biggest) source of income during your golden years. The average retirement benefit is only ...

Forbes contributors publish independent expert analyses and insights. True Tamplin is on a mission to bring financial literacy into schools. Close-up photo of a young girl in a yellow hoodie, smiling ...

Jack Caporal is the Research Director for The Motley Fool and Motley Fool Money. Jack leads efforts to identify and analyze trends shaping investing and personal financial decisions across the United ...

While you can choose to start receiving your Social Security benefits as young as age 62, doing so isn't always a great idea financially. For one thing, your monthly check amount will be temporarily ...

Many people dream of becoming millionaires, but what does it truly take to achieve this level of wealth? According to a report from the IRS, the average millionaire has not one, not two, but seven ...

Learn about guaranteed income annuities (GIAs), including their features and types. Discover their benefits, risks, and how ...

Learn how the Personal Income and Outlays report from the BEA offers insights into consumer spending, income, and economic trends—critical for smart financial decisions.

Quick Read Annuities provide guaranteed lifetime income through a contract with an insurance company. Fixed annuities offer ...