New Study Found That Gig Economy Income in Retirement Averages Only $8,400 Per Year
While recent discussions about gig economy income in retirement cite an $8,400 annual figure, the broader landscape of gig worker retirement security...
Month June 2026
He Missed Two RMDs and Received a $14,700 IRS Penalty He Couldn’t Afford
Missed Required Minimum Distributions can trigger severe IRS penalties that devastate retirees already living on fixed incomes.
At Least 1 in 4 Retirees Will Be Targeted by a Phone Scam This Year
While the precise statistic of "1 in 4 retirees" may vary by source, the data is undeniably alarming: four out of every ten older Americans—40...
$2,300 Average Monthly FERS Pension Is Not Enough to Cover Basic Living Costs in 23 States
A monthly FERS pension of approximately $2,300 is inadequate to cover basic living costs in at least 23 states, according to affordability analysis...
Reverse Mortgage Risk: What Most Americans Don’t Know Could Cost Them Thousands
Most Americans believe that a reverse mortgage offers a safe way to tap into their home's equity without monthly payments.
TSP Mismanagement in 2026: The Numbers Are Worse Than You Think
The Thrift Savings Plan is failing federal employees and military families in measurable, quantifiable ways in 2026—and the problem is significantly worse...
Warning: Inherited IRA Rollovers Have a 60-Day Window and Missing It Costs Thousands
Missing the 60-day rollover window on an inherited IRA can cost you thousands in taxes and penalties, and the IRS is actively enforcing violations again...
New Study Found That Divorce After 50 Reduces Retirement Savings by an Average of 41%
A landmark U.S. Government Accountability Office study examining retirement security found that women who divorce at or after age 50 experience a sharp...
She Trusted a Financial Advisor Who Was Not a Fiduciary and Lost $73,000
When you work with a financial advisor who is not a fiduciary, you lose a critical protection that could cost you tens of thousands of dollars.
Fact Check: Are FERS Pensions Inflation-Protected? The Answer Depends on These Numbers
FERS pensions do receive inflation protection through cost-of-living adjustments, or COLAs—but that protection comes with significant caveats that often...