To be eligible for Social Security benefits, you receive one credit for every $1,200 in wages that you earn, up to 4 credits per year- How many total credits do you need to qualify for benefits?

Retirement planning refers to financial strategies of saving, investments, and ultimately distributing money meant to sustain oneself during retirement. Many popular investment vehicles, such as individual retirement accounts (IRAs) and 401(k)s, allow retirement savers to grow their money with certain tax advantages.