Here’s Social Security’s Maximum Monthly Benefit for 2025 — and How You Can Do Even Better
The more money you earn in your lifetime, the higher the monthly Social Security benefit you should be in line for once you retire. Each year, Social Security has a maximum monthly benefit it’s willing to pay workers at their full retirement age, which is when you’re entitled to your complete benefit without a reduction. […]
Research Says Do This to Lower Your Financial Stress
Image source: Getty Images Financial stress is normal for many Americans, with two-thirds saying they live paycheck to paycheck. Even if you have enough money to cover your bills, the rising cost of housing and groceries over the past several years has left many Americans’ budgets under stress. To alleviate some of those worries, a […]
Here’s Rich Americans’ Favorite Type of Credit Card
Image source: Upsplash/The Motley Fool Millionaires use credit cards to pay for purchases, just like many other Americans. You might assume that people with this much money also have ultra-exclusive black cards that are loaded with features. While some certainly do, most of them use credit cards that anyone can apply for. The Motley Fool […]
Why Your Next Social Security COLA Could Be Lower if Kamala Harris Wins in November
The numbers are in: U.S. retirees will receive a significantly lower annual Social Security cost-of-living adjustment (COLA) in 2025 than they received this year. The annual percentage increase has declined for two consecutive years. This trend might continue, depending on the outcome of the upcoming elections. Here’s why your next Social Security COLA, in 2026, […]
Social Security’s 2025 Cost-of-Living Adjustment (COLA) Is Revealed — Here’s Precisely How Much the Average Check Is Rising Next Year
For most retired Americans, Social Security is more than just a check. It represents an indispensable lifeline that shapes their financial foundation. Over the last 23 years, national pollster Gallup has been conducting annual surveys to gauge how reliant retirees are on the income they receive from Social Security. Consistently, between 80% and 90% of […]
Here’s What Might Happen If You Sit Out Medicare Open Enrollment This Year
The nice thing about the month of October is that it’s loaded with fun fall activities. You can hike your way through a local trail and take in the glorious changing leaves. You can visit a haunted house with your grandkids or, if that’s not your speed, spend a less frightening afternoon at the pumpkin […]
