President-Elect Donald Trump Promised He “Will Not Cut One Penny From Social Security.” Should You Believe Him?
President-elect Donald Trump will return to the Oval Office in just a few weeks. Whether you await that day with eagerness or trepidation, I think most can agree the transition will bring a host of changes that will affect all Americans personally and financially. One of the biggest points of concern for retirees has been […]
Here’s How to Turn a 3% Raise Into Over $171,000 by Retirement
Everyone knows the start of a new year is a time for resolutions, but it’s also a popular time for employers to hand out raises. Many are working with a new budget, so they can more easily accommodate salary increases. If you’re lucky enough to receive a raise in 2025, you can use this cash […]
The Unfortunate Truth About President-Elect Donald Trump’s Social Security Plan
A major concern for many voters in the 2024 U.S. Presidential election was the state of Social Security. Seniors are worried that Social Security isn’t doing enough to help them keep up with rising inflation. The Senior Citizens League estimates that someone who started collecting Social Security in 2010 has seen their monthly check lose […]
Social Security Not Enough to Make Ends Meet in 2025? 4 Other Retirement Income Sources to Consider
We’re just days away from the first Social Security checks of 2025. The average retiree will get $49 more compared to last month, bringing the average benefit to $1,976 per monthly check. Some people may see even larger increases, and the wealthiest beneficiaries will take home a whopping $5,108 per month. Yet many will find […]
Social Security Has an Immigration Problem — and It Can’t Be Ignored Any Longer
For most retired Americans, Social Security is more than just a check they’ll receive each month. It forms a financial foundation many would struggle to live without. Every year since 2002, Gallup has conducted a survey that questions retirees’ reliance on their Social Security income. Spanning 23 years, between 80% and 90% of retirees (including […]
