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3 Potential Social Security Changes to Watch For

Can You Collect Social Security Benefits Even if You ve Never Worked?

Can You Collect Social Security Benefits Even if You ve Never Worked? Katie Brockman © Provided by The Motley Fool Can You Collect Social Security Benefits Even if You ve Never Worked? Preparing for retirement is becoming more difficult for millions of Americans. Many workers don t have access to a pension, increased costs of living are making retirement more expensive than ever, and student loans and other forms of debt are making it harder to save. For those reasons, many retirees are falling back on Social Security benefits to make ends meet during their senior years. The average retiree can expect to receive more than $1,500 per month in benefits, according to the Social Security Administration, which can help them live more comfortably.

The Average 401(k) Savings Rate: Will It Really Fund Retirement?

The Average 401(k) Savings Rate: Will It Really Fund Retirement? Catherine Brock © Provided by The Motley Fool The Average 401(k) Savings Rate: Will It Really Fund Retirement? How much are you saving for retirement? Experts recommend socking away at least 10% of your salary, but a recent report from the Plan Sponsor Council of America (PSCA) suggests many Americans are short of that benchmark. The PSCA, which helps employers manage their retirement plans, concludes that the average American worker contributes just 7.6% of income to a workplace retirement plan. And you have to wonder: Is that enough to secure a comfortable retirement?

Why AT&T Is a Retiree s Dream Stock

Why AT&T Is a Retiree s Dream Stock Will Healy Instead of seeing AT&T (NYSE: T) as a dream stock, many might understandably view it as a nightmare. A costly stake in DIRECTV is now on track to produce a massive loss. Also, the wisdom of its WarnerMedia investment appears uncertain as it navigates the highly competitive streaming market. Activist investor Elliott Management recently sold its AT&T stake. Also, in an admission that appears to contradict my own point that this stock is a great one for retirees, I will let you know that I recently sold my own shares.

If I Could Do It All Again: Retirees Investing Advice for Their Younger Selves

If I Could Do It All Again: Retirees Investing Advice for Their Younger Selves Kailey Hagen © Provided by The Motley Fool If I Could Do It All Again: Retirees Investing Advice for Their Younger Selves If you ve ever taken the time to speak to retirees about their lives, you know they can have some great stories and sometimes great advice about everything from relationships to money. A recent Principal study asked retirees to share some of the financial advice they wish they could give to their younger selves, and the top five answers, listed below, came up over and over. 

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