Scammers have used promises of lucrative investments, romantic relationships, and pleas for assistance to steal $2.5 million from 15 Tasmanians. Police say the victims will suffer life long impacts.

Retirement is meant to be a time of relaxation and living life on your terms. But for many retirees, this dream is under threat from a growing epidemic — cyber scams.

For example, if you're a 65-year-old man buying a $50,000 immediate fixed annuity today, you can expect to receive about $325 per month for life, based on an analysis of Cannex data by Annuity.org.

MassDOT is warning drivers of a smishing scam targeting customers of the Registry of Motor Vehicles, with scammers requesting ...

The bottom line A $500,000 annuity purchased at age 65 could generate between about $2,900 to $3,300 per month for life, depending on your gender and the payout structure.

7.5 to 13.5 times your salary at age 65 Given the median household income in the U.S. is approximately $80,000, a typical household retiring at 65 should have between $600,000 and $1.1 million ...

People can claim Social Security retirement benefits as early as 62 years of age. Note that each year you wait adds to your eventual monthly benefit. The average 65-year-old’s monthly payment is ...