Social Security

Why Some Americans Are Working in Their 80s to Survive: The Money Mistakes Behind It and How to Avoid Them

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Elderly American worker in a professional setting, symbolizing continued employment in later years.

“In 2026, nearly 550,000 Americans over 80 remain in the workforce due to financial necessity, driven by insufficient savings averaging far below the $823,800 needed for comfortable retirement, rising healthcare costs up to $313,000 lifetime for women, and average Social Security benefits of $2,071 monthly that fall short of living expenses. Key mistakes include delaying … Read more

Social Security Isn’t Going Away. Should You Pretend That It Is?

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A stack of Social Security cards alongside a calculator and financial charts representing retirement planning decisions.

“Amid ongoing debates about Social Security’s future, the program remains a cornerstone of retirement income for millions. Projections show trust fund depletion by 2033, potentially leading to benefit reductions, but outright elimination is unlikely. Retirees must weigh whether to plan conservatively by discounting benefits or rely on them for optimal claiming strategies.” Social Security provides … Read more