This Common Social Security Myth Leaves Too Many Retirees Struggling to Get By
Roughly 1 in 4 retirees have no savings, according to a recent Clever survey. There are several reasons for this, including living paycheck to paycheck and having to pay for unplanned expenses. These obstacles can be challenging to overcome, but they’re not the only reasons many retirees come up short. There’s a popular Social Security […]
Some People Born in 1959 Will Reach a Major Social Security Milestone in 2025
Those born in 1963 will finally become eligible to claim Social Security benefits in 2025 after 62 years of waiting. They won’t all choose to sign up then, but many will so they can receive as many checks as possible. It’s a major shift after paying into the program for your entire career. But they’re […]
5 Things Seniors Should Know About Social Security and COLA Before They Retire
Every year, the Social Security Administration, or SSA, examines inflation data and adjusts Social Security benefits accordingly. In short, the annual cost-of-living adjustment, or COLA, is designed to help retirees keep up with the rising cost of goods and services. While most retirees and soon-to-be retirees know what the COLA is, there is a lot […]
Retiring in 2025? 3 Financial Moves to Make as Soon as You Resign From Work
The weeks leading up to retirement can be exciting and nerve-wracking at the same time. On one hand, you’re getting ready to enjoy some newfound freedom. On the other, you’re making a big change, which is a scary thing by itself. But you’re also giving up the security of a steady paycheck, and you’re venturing […]
