It’s a common fear: running out of money in retirement. But here’s a surprising truth — many American seniors actually see their net worth rise significantly after leaving the workforce. While it might sound counterintuitive to grow wealth without a steady paycheck, careful planning, reduced spending and financial safety nets help make this a reality for savvy retirees. Must Read Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or f ...

Personal loans often come with a bad reputation, but they can make sense when you’re juggling multiple debt payments and dealing with high interest rates. However, borrowing in retirement raises unique concerns. Learn More: Dave Ramsey Warns — This Common Habit Can Ruin Your Retirement Try This: 5 Clever Ways Retirees Are Earning Up To $1K Per Month From Home In many cases, retirees deal with fixed incomes, limited cash flow and a goal of making savings last, and taking on new debt can be risky. So when, ...

Only a few months remain in 2025, but this is more than enough time for savvy retirees to make all the right money moves to get their finances on track. From strategically shopping during Medicare Open Enrollment to preparing for tax season, retirees will find opportunities to save money and maximize their wealth in retirement before welcoming the new year. Find Out: How Much the Average Middle-Class Retiree Spends Monthly at Age 65 View More: How Much Money Is Needed To Be Considered Middle Class in Your ...

Divorce is often a stressful and difficult situation for couples, but what happens when you’re divorcing in your 60s and close to retirement age? To make this scenario more tangible, imagine Mark and Jen, a San Diego couple who recently split after 35 years. Mark, 63, is worried about what the divorce means for his finances as he approaches retirement. Must Read California is one of nine U.S. states where generally everything acquired during the marriage is divided equally in a divorce, whether real est ...