SmartAsset and Yahoo Finance LLC may earn commission or revenue through links in the content below. I‘m a 68-year-old single man in good health and I plan to work until I am 70. As of now, I have $400,000 in CDs, about $1 million in stocks, and about $1 million in my 401(k) and IRA combined. When I retire, I will get about $4,200 in Social Security and I have $4,000 rental income. (This can be somewhat insecure because the properties are in a hurricane state). I live in a rental apartment in the San Franc ...

There’s a reason that Social Security is called “the third rail of American politics” – as in, touch it and die. Most Americans – especially seniors – are fiercely protective when it comes to their retirement benefits. That sentiment is reflected in a Quinnipiac University national poll of adults that found 78% of respondents are opposed to proposals that would raise the full retirement age for Social Security benefits from 67 to 70. Opposition remained firm even when respondents were asked whether they w ...