A Social Security funding crisis could be on the horizon if policymakers fail to take action to protect the program in the next decade, threatening a 23% cut ...
Read more
Comments Off on Will Social Security Benefits Really Get Slashed by 23% in the Next Decade?
Social Security
Millions of Americans depend on Social Security payments to make ends meet. Retired workers are the largest group of beneficiaries, but children, spouses and disabled individuals may also receive these ...
Read more
Comments Off on 2023 Social Security COLA increase
Lawmakers are hashing out plans to shore up Social Security’s ailing trust funds, and the possible changes will affect the benefits Americans receive. Broadly, that comes down to two key ...
Read more
Comments Off on As Social Security reform talks heat up, changes to the retirement age, payroll tax may be on the table
The gender wage gap has remained remarkably stubborn for decades and, inevitably, becomes a significant shortfall at retirement. In 2020, women made 83 cents for every dollar earned by men, according to ...
Read more
Comments Off on This is what women must do to overcome the retirement savings shortfall, says a financial pro
Find calmer seas with a retirement plan that includes safe income and eliminates the sour stomach that comes with market corrections. Read more at Kiplinger ...
Read more
Comments Off on Choppy Market Impacting Your Retirement Income Plan?
As an economist, pulling punches isn’t in my DNA. So, I’ll be blunt: For most Americans, early retirement isn’t just a decision to take the longest vacation of their lives — ...
Read more
Comments Off on A Harvard-trained economist says ‘early retirement is one of the worst money mistakes’—here’s why you’ll ‘regret’ it
There is still time to improve your retirement finances in the years leading up to retirement. By reviewing how much you have saved and thinking about how much ...
Read more
Comments Off on How to Prepare for Retirement After Age 60
Now that’s more like it. Older Americans scraping by on meager increases in their Social Security checks the past decade will reap a relative windfall next year. The ...
Read more
Comments Off on Social Security cost-of-living increase will boost benefits 5.9% in 2022 as inflation spikes
Social Security is a significant source of income for many retirees, but people often misunderstand even basic concepts behind this government program. Nearly 90% of American adults say ...
Read more
Comments Off on 6 Things Many Americans Get Wrong About Social Security
Some people are investing in their retirement without even realizing it. If you have a traditional job, you pay 6.2% of your salary per year in Social Security ...
Read more
Comments Off on The Social Security tax cap kicks in at this salary figure in 2021
