What income in the USA makes you rich, and what income is a sign of poverty?

In the United States, a person's net worth is a barometer of their financial situation, especially as they approach retirement. This figure, calculated by subtracting liabilities from assets, varies widely across the population, determining the retirement lifestyle and economic security of millions of people. Edition…

12 shops, travel agencies and telecom operators offering discounts to people over 55

You don't have to wait until age 65 for so-called "senior discounts." Look out for cell phone providers, retailers, and travel companies that offer great discounts for people over 55. More details from Money Talks News. You don't have to go far...

Food, clothing, travel: 11 discounts for people aged 55+

You don't have to look far to find senior discounts, but you must be a certain age first. And this can vary, as not all businesses define the term "older" in the same way. The Money Talks News edition has collected 11 discounts that are valid for…

'Disneyland for retirees': why older Americans are moving to a small town in Florida

For decades, Florida has been the go-to destination for retirees with a year-round warm climate, plenty of golf courses, a vibrant downtown area with shopping, entertainment, and an affordable cost of living. When grandchildren come to visit, they always have something to do:…

The best city for retirement in the US is in Florida: what is attractive about it

According to US News and World Report for 2021-2022, Sarasota, Florida topped the list of the best places to retire in the US. Travel and Leisure explained why this is the best city for retirees. Florida cities ranked eight of the top 10…

Seven low-cost countries for retirees where you can live by the sea

Soak up the sun after your retirement in one of these 7 beautiful affordable countries with gorgeous beaches, according to TravellLeisure. Retirement to a quiet place on the beach is the dream of many Americans and others around the world. Maybe the last two years...

US retiree support programs to help you survive on welfare

Many Americans retire with little to no savings. As a result, most or all of the money they receive comes from their Social Security checks. How to find special assistance programs to save money, according to CNBC. According to the latest data from the Social Security Administration, 12%…

In the United States, the cost of living will grow strongly: because of this, pensions and social benefits will increase

The Adjusted Cost of Living in the United States (COLA) could rise dramatically in 2022. This will lead to a tangible increase in social benefits, according to AARP. Due to rising inflation, the cost-of-living in the United States may grow by the largest rate in the last 40 years. And the beneficiaries ...

From healthcare to groceries: how retirees can save money in the US

For seniors who are already struggling financially, retirement can bring a whole new set of challenges. While costs for things like transportation and clothing tend to decline with age, the cost of food—and, of course, healthcare...

Why aging is beneficial in the USA: tax breaks for people aged 50+

When you turn 50, and especially after 65, you may be eligible for additional tax breaks. Seniors receive a higher standard deduction and can earn more. Employees over 50 can also save and avoid paying taxes on big bucks, ...

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