$108 Billion — The Estimated Annual Cost of Elder Financial Fraud That Drains Retirement Accounts
The figure of $108 billion may circulate in discussions about elder financial fraud, but current federal data tells a more nuanced story.
He Assumed His Pension Was Guaranteed — His Company Filed for Bankruptcy and Benefits Were Cut 30%
Your pension can be cut, even if your employer promised it was guaranteed. When a company files for bankruptcy, the Pension Benefit Guaranty Corporation...
New Study Found That Gen X Workers Are Facing a $700 Billion Collective Retirement Savings Shortfall
A new study has confirmed what financial advisors have been warning for years: Generation X faces a staggering retirement readiness crisis.
Warning: 7 in 10 Americans Underestimate How Long They’ll Live in Retirement
Seven out of ten Americans are miscalculating one of retirement's most consequential variables: how long they'll actually live.
Fact Check: Will Working One Extra Year Really Make a Big Difference in Retirement? Here’s the $47,000 Answer
Working one extra year can indeed make a substantial difference in retirement—potentially worth around $47,000 or more in total retirement income,...
At Least 30% of Americans Have Cashed Out a 401k Early and Paid the 10% Penalty
Yes, millions of Americans have cashed out their 401(k) plans early and absorbed the 10% penalty.
$3,600 — The Annual Difference Between Retiring at Full Retirement Age vs. 70 for the Average Beneficiary
For the average Social Security beneficiary, waiting to claim at age 70 instead of at full retirement age (typically 66 or 67, depending on birth year)...
Retirement Income Shortfall in 2026: The Numbers Are Worse Than You Think
The retirement income shortfall in America has reached crisis proportions in 2026, and the gap between what people need and what they've actually saved is...
She Counted on Her Late Husband’s Pension — It Paid $0 After He Died Because of the Survivor Benefit Election
A widow received $0 in pension payments after her husband's death because he had elected a single-life benefit option before he died.
New Study Found Inflation-Adjusted Social Security Benefits Have Lost 36% of Their Purchasing Power Since 2000
A groundbreaking study from The Senior Citizens League has confirmed what many retirees already suspect: Social Security benefits have lost a staggering...