Married or Divorced? Here’s How Your Social Security Will Change in 2025.
Married and divorced retirees are often entitled to spousal or divorce benefits, and a new year brings fresh changes to Social Security. Whether you’re already collecting Social Security or plan to begin claiming in 2025, now is the time to brush up on how benefits are changing in January. From a new cost-of-living adjustment (COLA) […]
Here’s How Much You Should Have Invested for Retirement at Age 62
Saving for retirement is one of the most important undertakings of adulthood. Yet few people know how much they need to retire, making it hard to understand whether they are saving enough throughout their working years. This puts people at risk of undersaving for retirement, which could help explain why the average retirement age in […]
3 Things About Social Security That Won’t Change in 2025 but May Surprise Many Retirees
Social Security is an important piece of nearly every retiree’s budget. Six in ten retirees say their monthly checks are a major source of income, while another three say they play at least a minor role in their finances, according to this year’s edition of an annual Gallup poll. But as most retirees know, there […]