Tag: retirement
It’s common for people to begin collecting their Social Security benefits soon after they turn 62, ignoring the financial planners and retirement experts urging them to postpone and increase the size of their monthly checks. A new study has uncovered four powerful psychological traits that influence this decision: the individual’s expected longevity, his fear of…
Traditionally, the picture-perfect retirement included a paid-off house. But the Me Generation isn’t sticking to the script. Snapshots of three generations of U.S. households on the cusp of retirement – people born in the Depression, at the beginning of World War II, and after the war – show that more of the most recent generation,…
