Boomers and Gen Xers are betting on a retirement ‘mega-trend’ that could transform the workforce—and when employees leave their jobs

Amid the rise of more hybrid and remote roles, talk of a four-day workweek, and the potential of AI to shake up entire industries, work in America is undergoing profound changes in the 2020s. Some employees—and their employers—think it’s also time to change how and when people retire. Of course, retirement in the U.S. isn’t a monolith—some work until […]

Social Security commissioner vows to end ‘clawback cruelty’ with new plan for benefit overpayments

Three months into his role as commissioner of the Social Security Administration, Martin O’Malley unveiled a new plan to tackle overpayment issues that have led the agency to demand some beneficiaries repay benefits. “We are no longer going to have that clawback cruelty of intercepting 100% of a payment if people do not respond to our notice,” […]

Are You Considering Collecting Social Security At 62? Suze Orman Says Delaying Can Lead To A 76% Payout Increase

Planning for retirement is a journey filled with important decisions. One of the most critical choices to make involves deciding when to start taking Social Security benefits. While the benefits of early or delayed claiming are debated, each person’s situation is unique, making this decision even more significant. The 2023 Schroders U.S. Retirement Survey uncovers […]

Social Security: How the Average Retiree Can Get an Extra $1,071 per Benefit Check

Claiming age has a profound impact on Social Security benefits for retired workers. The Social Security Administration periodically publishes anonymized benefit data to promote understanding and foster transparency. The information is often slightly outdated when it becomes available, but it still provides useful insights. For instance, more than 3.4 million retired workers claimed Social Security in 2022. […]