All financial plans are important, but Social Security benefits during retirement years play a profound role in preventing elderly poverty and are paid out at an important stage in a person’s life.

Drawing Social Security at 62 reduces benefits by 25-30% permanently compared to full retirement age. Waiting until 70 increases monthly benefits by 8% per year past full retirement age. U.S. life ...

Working in your 60s and 70s is no longer the exception, and the rules for drawing Social Security while you earn a paycheck have become a crucial part of retirement planning. The core challenge is ...

Anyone close to retirement must consider when to begin taking Social Security benefits. While you can claim them as early as age 62, your benefit goes up each year until you hit the full retirement ...

Forbes contributors publish independent expert analyses and insights. Mike Sylvester covers tax policy with a focus on small businesses. Social Security is a cornerstone of the United States' social ...

As physicians approach retirement and contemplate a stage of life when they will not be earning a paycheck, they typically ...