This Popular Social Security Filing Strategy Could Backfire on Retirees
There’s a reason 62 is a very popular age to file for Social Security. It happens to be the earliest age seniors are allowed to sign up for benefits. Many retirees are aware that they can’t get their full monthly Social Security benefit until they reach full retirement age, which is 67 for those born […]
I Absolutely Prefer a Roth IRA to a 401(k) for Retirement Savings. Here’s Why.
Although saving and investing for retirement looks different for everyone, the end goal is typically the same for most people: ensure you have enough saved to have as financially stress-free of a retirement as possible. Most people’s default way to save for retirement is a 401(k) because it’s offered through their employer and can be […]
Social Security’s 2026 Cost-of-Living Adjustment (COLA) Estimate Is Climbing — but There’s an Unpleasant Catch
For an overwhelming majority of retired workers, Social Security is more than just a monthly check. It represents a financial lifeline that they’d struggle to make do without. Since 2002, national pollster Gallup has surveyed retirees annually to determine how reliant they are on the Social Security income they receive. During this 23-year period, 80% […]
