Savers are deeply worried that Social Security won't cover their retirement costs, but there are things you can do to close the gap.

New trustee report reveals accelerated timeline for Social Security and Medicare insolvency, with potential 23% benefit reductions looming in 2033.

For each year you hold off on claiming Social Security past your full retirement age, your benefits get an 8% boost. So if you're entitled to what the government calculates as your "full monthly ...

Most people would get a larger lifetime benefit by delaying Social Security, possibly until age 70. This is when you qualify for your largest benefit, worth 124% of the amount you'd qualify for at ...

Reaching the retirement years often feels like crossing the finish line, but financially, it’s just the start of a new, complex game: the extraction phase. For decades, you focused on accumulating ...

Kristina Byas is contributor at Investopedia. As a personal finance expert, she has lent her insights and knowledge to numerous financial publications. Her articles have helped readers navigate the ...