If You Plan to Receive Social Security in 2035, You Have to Prepare Yourself for This
Key Points Unfortunately, Social Security’s trust funds are projected to be depleted in 2034. The program could face benefit cuts of up to 19% if the government doesn’t enact reforms. Saving as much as you can for retirement and adjusting your retirement plan as needed will be key. The year 2035 feels a long way […]
I Earn $250,000 a Year But Feel Miserable — Why Am I Struggling With My Financial Success?
Key Points A Reddit poster is feeling unhappy with his life and finances. On the one hand, he makes $250,000 per year. Yet, he feels like he does not have a good work/life balance. As always, The Motley Fool cannot and does not provide personalized investing or financial advice. This information is for informational and […]
Here’s What Lenders Aren’t Telling You About Personal Loans in 2025
A personal loan can be a helpful way to cover a big expense, consolidate debt, or handle an emergency. But most borrowers don’t realize just how much the laundry list of fees can change the actual cost of their loan. Looking for a secure place to grow your savings? See our expert picks for the […]
3 Steps to Beat Social Security’s Average Monthly Check
Key Points The more Social Security you get each month in retirement, the more long-term stability you might enjoy. Claiming your benefits at the right time could lead to a larger monthly payday. There are moves you can make during your working years to set yourself up with more generous benefits. There’s a reason people […]
How the “Still Working” Exception Can Help You Delay RMDs
Key Points Depending on the rules associated with your retirement plan, you may be able to delay taking RMDs. Check with your plan administrator to ensure that it includes the still-working exception. You may want to consider the tax implications of waiting to take RMDs. RMD stands for a required minimum distribution, the amount of […]
I’m Retiring at 45: Here’s How We Prepped for Early Retirement and Our Financial Journey
Key Points A Reddit poster is retiring at 45. The poster shows the steps involved, including making sure you have a plan for health insurance when retiring young. Preparing for emergencies and having some money in cash is also helpful to withstand economic uncertainty. As always, The Motley Fool cannot and does not provide personalized […]
Social Security’s 2026 COLA Is Shaping Up to Be a No-Win Scenario for Retirees
Key Points With inflation rising, retirees are paying higher prices now but won’t receive a benefit increase until later. The key inflation metric used to calculate the Social Security COLA doesn’t fully reflect retirees’ higher costs. Less accurate data collection this year could increase the odds that the 2026 COLA doesn’t keep up with inflation. […]
Have You Saved Enough to Coast Until Retirement? Here’s How to Know.
Key Points The Coast FIRE movement is all about reaching a savings milestone and taking the pressure off the latter part of your career. Before you decide to stop saving for retirement, assess your portfolio and future income needs. Remember that contributing toward retirement savings could also result in a very attractive tax break. If […]
Social Security Benefits Cuts Are Possible by 2033: Here’s Precisely How Much Retired Workers Can Lose Each Month
Key Points The annually published Social Security Board of Trustees Report has been forecasting a long-term funding shortfall for America’s leading retirement program every year since 1985. Though Social Security is in no danger of bankruptcy or halting payments, the existing payout schedule for retired workers and survivor beneficiaries may be meaningfully altered in eight […]
President Donald Trump’s Flagship Tax and Spending Bill Is One, Big, Broken Promise for Social Security Retirees
Key Points Nearly a quarter century of annual surveys show that 80% to 90% of retirees rely on their Social Security income, in some capacity, to make ends meet. President Trump’s Big, Beautiful Bill proposes a laundry list of tax cuts but is missing a key provision that he touted both prior to and after […]
