Low taxes and good healthcare: which country are American retirees moving to in large numbers?

Many older Americans today choose to spend their golden years abroad. According to the US Social Security Administration, in three years the number of citizens receiving their benefits abroad increased from 413 to 000. More than a third of them moved to...

Profitable and exciting: stories of Americans who moved to cruise ships

Many dream of taking a break from worries and going on an unforgettable cruise. But there are people who decide to spend their entire lives on a cruise ship. They told CNN why they decided to do this and why they love sea travel. Angeline Burke was in love...

How much do you need to earn to qualify for the maximum pension in the USA?

Your Social Security benefit is based on your earnings for most of your life—over 35 years of working life. Even if you earned a lot of money in your final pre-retirement years, you may not be maximizing your pension, says Go Banking Rates.…

How much do retirees spend on healthcare in the US?

Even if you stay in excellent health, you'll still have health care costs in retirement, Fool reports. Recent studies have shown that the average US resident's expenses from retirement to death range from $1,5 to $1,8...

Five US Cities Where You Can Survive on Social Security if You Don't Have Retirement Savings

According to recent data, nearly 30% of Americans are saving nothing for retirement. Another 33% have savings of at least $50. CNBC tells which city is best to retire in if a person has no savings. If you don't have specific...

How to receive a Russian pension in America, and why you should not save this money in Sberbank accounts

Some countries pay pensions to their citizens even if they live abroad. Russia is one of them. For pensioners, this is a very important and pressing issue, because so many years have been spent for the benefit of their former homeland, and many people want this money...

How to calculate what pension you will receive in America

Millions of Americans will file their taxes by April 15th. To prepare it, many people need to summarize salaries, tax withholding and contributions to retirement accounts for 2023. Tax season is a good time to take a look at your retirement savings, CNBC reports. Most…

The couple lived with the corpse of a relative for 6 years to receive his pension

A Kansas couple has been charged with fraudulently obtaining a deceased relative's retirement benefits. They hid his body in their home for more than six years, USAToday reported. Lynn and Kirk Ritter, both 61, received more than $216 in benefits from Michael Carroll.…

Ohio City Named Best Place to Retire in the US

Florida's year-round sunny weather may be a draw for retirees, but if an affordable cost of living is a top priority, then you should consider living out your golden years in Ohio. Cities like Akron and Youngstown already stand out for their affordability, and...

You need a million for a comfortable retirement: how many Americans manage to save it?

Saving for retirement is an important goal for many Americans, but achieving the ideal goal remains elusive for many. In 2023, the average American retiree had about $170 in retirement savings, down from $726 at the start of 191...

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