It's official: High unemployment and a resulting decline in payroll-tax collections have taken a toll on the Social Security program. Benefits will exceed revenues for the first time in 2010 -- six years ahead of previous...
Older workers typically begin to get serious about their retirement exit strategy during their final few years on the job. But the sooner you start, the more time you'll have to explore your options and, if necessary, get...
1. Create a realistic budget. Add up your essential living expenses and match them with your guaranteed sources of income, such as Social Security. If there's a shortfall, you'll have to fill the gap by drawing down your...
EDITOR'S NOTE: This is a revised version of an article originally published in the December 2009 issue of Kiplinger's Retirement Report. To subscribe, click here.To Roth or not to Roth? With 2010 around the corner, that's a...
EDITOR'S NOTE: This article, which has been updated, was originally published in the June 2010 issue of Kiplinger's Retirement Report. To subscribe, click here.A price war is on: Reverse mortgage lenders want your business,...
Editor's note: This article is adapted from Kiplinger's Retirement Planning 2010. Order your copy today.Health-care reform dominated the headlines for months, and many people wondered how the new law would affect Medicare....
You are eligible for Medicare at 65, even if your normal retirement age for full Social Security benefits is later. (In 2010, the normal retirement age is 66.) You should sign up for Medicare Part A, which covers...
EDITOR'S NOTE: This article was originally published in the April 2010 issue of Kiplinger's Retirement Report. To subscribe, click here.Would you like extra cash to pay for long-term-care insurance premiums? If you own...
1. Age matters (income doesn't). If you are 62 or older and have paid off your mortgage (or owe only a small balance), you may be able to tap your home equity to generate extra cash. You can take the money as a lump sum, a...
With a few exceptions -- such as a medical emergency as you are passing through Canada on your way to Alaska -- you can't use Medicare in other countries. Still, you should sign up for Medicare Part A, which covers hospital...
Next Page >Applying for financial aid can be intimidating and confusing. That's why so many scams offer to do the work for you...
Editor's note: This story has been updated since it originally was published. Since Kiplinger's first wrote about...
You want a home of your own, an education for your kids, a comfortable retirement someday and a little fun along...