retirement

thumbnail In which States do retirees receive the largest Social Security benefits?

Where you live may determine how much you receive from Uncle Sam once you retire. We crunched the numbers, calculating the total Social Security benefit paid per state divided by the number of beneficiaries to come up with an average annual payout per state. There are several surprises!

Read on to see how much is paid out in your state..

thumbnail Bankrate Survey: 36 percent not saving for retirement

An article from Bankrate has been doing the rounds on the internet, picked up by numerous financial sites: Survey: 36 percent not saving for retirement

An alarming number of Americans aren't preparing for the day when they'll need to live off their savings.
More than a third of adults say they have not started saving for retirement yet, according to a national poll accompanying Bankrate's monthly Financial Security Index.
Even Americans who are getting close to retirement age seem to be struggling when it comes to planning their financial future. The survey shows that more than a quarter of the respondents age 50 to 64 have yet to start saving for retirement.

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