americanprinci

A “solo ager” is someone who doesn’t have any family or close friends nearby as they enter retirement. Solo agers are becoming common, as a growing number of Americans live alone,* whether because they’re single, widowed, or divorced. Additionally, they’re child-free, or have adult children who live far away, leaving them to their own devices. […]

You’ve already said goodbye to your 9-5 job, and are enjoying retirement. But, maybe you retired early, and your Social Security check isn’t cutting it anymore. Maybe you need to support your adult children or your grandchildren. Life can sometimes get more expensive, rather than less, during retirement. And, obviously, a lot of the financial

Retirees should take advantage of all available tax breaks. This is especially the case if you’re living on a fixed income; every penny counts, because you rely solely on it to make ends meet. However, it isn’t always easy to maintain your retirement savings. It’s easy to ignore significant tax breaks and other opportunities to

Many Americans choose to continue working to some extent during their retirement. It may seem counterintuitive, but remember: if you’re generally healthy and suffer from no chronic illnesses, your life expectancy could be as high as 92+ years. So many retirees who only planned for a 20+ year retirement may need to reconsider their financial

How should you prepare for retirement? How much money do you need to save in advance? Exactly how much income will you need each year? As you approach retirement, you will want to evaluate your options when it comes to your income. During your retirement, you’ll receive income from Social Security benefits, as well as

You’ve probably heard how important it is to save up as much as you can for retirement. After all, you don’t want to end up too dependent on Social Security benefits once you retire. Even if you get the absolute most you can out of your Social Security benefits, they’ll only replace around 40% of

The last day of September was the last chance before government funding expired. Thankfully, a last-minute agreement passed by the House and Senate kept the government funded through to November 17th, narrowly avoiding a government shutdown. But, what happens when November 17th comes? Will we have to go through this again? And how would it

2024 Recession? Economists, investors, and the Federal Reserve have been warning for the past year that a recession may be on the horizon. Although it was thought to be inevitable for 2023, the U.S. economy has so far avoided a downturn. Economic experts, however, still think one is likely on the horizon. But now they’re