A study published by the National Bureau of Economic Research in November 2022 found that 90% of workers ages 45 to 62 would maximize their Social Security by claiming benefits at age 70. Yet, less than 10% of newly awarded retirees actually waited that long in 2023, and the percentage is similar in prior years.

In 2024, the life expectancy for someone born in 1959 was 74 for men and 80.1 for women, according to a Social Security report. The report predicts continuing increases in life expectancy, which translates into even more years that beneficiaries will receive Social Security checks.

My wife will reach her full Social Security benefit at 66.5 years of age which is just under 2 years away for her now. If she were to begin to get her monthly check now (i.e. early), would that prevent her from being eligible for the spousal benefit to receive half of what I am currently drawing?

The age you file for benefits will directly affect your monthly payments. Delaying until 70 will earn you the highest possible monthly checks, but there are drawbacks to consider, too. In some cases,

As we step into 2025, you may be setting financial goals. While you're at it, you should also keep tabs on the Social Security changes this year.

The first round of January’s Social Security payments, worth up to $5,108 for the highest-income earners who retire at age 70, goes out to the first group of retirees today. Here is all you need to know about this month’s Social Security payments,

Stan T. has mastered the art of maintaining his 1970s ranch house on a fixed income. After seven years of living primarily on Social Security benefits, this 72-year-old former mechanic has figured

Carl Carlson, founder and CEO of Carlson Financial, visited Eye on NE Kansas to take a closer look a changes for Social Security.