Can You Retire Comfortably Saving Just $100 Per Month?
You want to save for retirement, but finding the cash is tough. Even with a budget that minimizes discretionary spending, you still have bills to pay and more immediate financial…
A Big Social Security Update Happened Last Month, and It’s Not Great News
Your Social Security benefits show up reliably every month, and they increase a little each year through annual cost-of-living adjustments (COLAs). But it’s far from a perfect system.
The Six-Figure Retirement Expense Many People Never See Coming
If you’re a retirement planner, you’ve probably spent plenty of time working through key decisions — when to start tapping your savings, what withdrawal rate to use, and when to…
This New Medicare Option Could Be a Game Changer for Seniors
You probably saw some living expenses drop once you retired. You likely spend less on work clothes, gas for commuting, child care, and, of course, saving for retirement. But other…
Social Security and Taxes: What Retirees Should Be Aware Of
It wasn’t until 1984 that Social Security became taxable. It came at a time when the Social Security trust fund was dangerously close to running dry, and the solution Congress…
I Tried to Fix Social Security. It’s Harder Than It Sounds.
You’d think with Social Security now just six years away from insolvency, that Washington would be hard at work trying to avoid a 22% benefit cut. It’s true that several…
Looking to Relocate in Retirement? Ask Yourself These 4 Questions First.
The nice thing about retirement is that you’re no longer tethered geographically to a job. That means you may finally have the freedom to live where you want to, as…
The 2027 Social Security COLA Is Set to Be Huge — and Hugely Disappointing, Too
If you are retired, you’ve probably felt the strain on your budget this year as inflation has increased by more than the 2.8% Social Security cost-of-living adjustment (COLA) you got…
Social Security Claimants Could Be Making a $182,370 Mistake
One of the hardest financial decisions you might have to make in the course of retirement planning isn’t deciding when to resign from your job or start tapping your savings….