Anna Webber/Getty Moneywise and Yahoo Finance LLC may earn commission or revenue by linking to the content below. It seems there might be some justice for school teachers, who have the dubious distinction of playing a vital role in society while earning a relatively low annual income. That justice comes in the form of the … Read more
Research shows that 90 percent of current workers will receive more lifetime Social Security income if they wait until age 70 to claim benefits. Claiming early permanently reduces survivor benefits for a spouse if the highest earner dies first. Deferring Social Security until 70 offers guaranteed monthly benefit increases against uncertain investment returns. A recent … Read more
People are rarely made overnight. Instead, it usually happens gradually as a series of bad financial decisions accumulate. Few of us can afford to make many financial mistakes. This includes relatively high incomes. According to YouGov, 36% of US adults earning more than $100,000 a year struggle to make ends meet. (1) Meanwhile, a Harris … Read more