Want the Maximum $5,108 Per Month Social Security Benefit? Here’s the Salary You’d Need
Most people know that their Social Security income in retirement will be based on how much they earned during their career. All things being equal, the more you earn, the bigger your monthly retirement checks will be. There is, however, a maximum amount anyone can receive each month from Social Security. Reaching that maximum possible […]
Bond Investing and Due Diligence
When you buy a bond, you’re loaning money to the bond’s issuer — which could be a corporation, a local municipality, a government agency or the federal government — with the intention of receiving back your initial investment and, in most cases, interest. But not all bonds are created equal. Before buying a bond, you […]
Not Happy With Your Social Security Checks? Here’s Why You May Not Be Out of Luck.
Hopefully, you’ll manage to save a decent chunk of money ahead of retirement so you’re not forced to rely too much on Social Security. But even if you end up with a pretty nice nest egg, you may still become dependent on Social Security to cover your ongoing expenses, and that means you may want […]
Social Security Retirees Just Got Bad News About the 2026 COLA From Washington
Social Security recipients depend on cost-of-living adjustments (COLAs) to keep up with rising prices. Absent those annual pay increases, benefits would fall behind inflation and lose purchasing power over time. In other words, retired workers would essentially receive a little less money each year. The Social Security Administration cannot calculate the 2026 COLA for several […]
How Far Behind Is the Typical American on Retirement Savings?
How much should you have saved for retirement? The answer depends on your age. Unfortunately, a substantial number of Americans are behind on their investment goals and could be at risk of running short of money in retirement because of it. Let’s take a look at where current workers should be based on their age, […]
What Is a Retirement Advisor and Why Do You Need One?
What would you do if you had a compound fracture? Would you prefer a general practitioner to treat it, or would you rather see a trained orthopedic surgeon? No matter how knowledgeable a general practitioner is, they don’t have the additional training required to do surgery. The same is true of financial and retirement advisors. […]
I’d Recommend All Social Security Beneficiaries Make This 1 Move Now
It’s been a confusing couple of months for Social Security beneficiaries. You’ve probably had to adjust to the Trump administration’s new rule changes only to see some of those new rules walked back a few weeks later. Wait times for phone support can eat up more than an hour of your day while it can […]
Planning to Retire in 2030? Read This Before You Collect Your First Social Security Check.
If you’re planning to retire within the next five to 10 years and are thinking about where Social Security fits into your retirement strategy, you’re already ahead of the game. By understanding how Social Security is calculated, how early or late retirement can impact your monthly benefit, and how to check where you stand, you’ll […]
These Retirees Risk Losing Some of Their Social Security Check in 2026
Many retirees rely on their Social Security checks to help them cover the bills. That’s why it’s so important to know of any upcoming changes that could affect the amount of benefits you get to bring home. For some retirees, a change will come in 2026 that could leave them with less of their benefits […]
3 Things You Must Know About Social Security Before You Retire
When you think about it, Social Security is a pretty good deal for retirees. Once you reach a certain age, you’ll get to sit back, collect a monthly benefit, and enjoy it for the rest of your life. To be clear, Social Security benefits aren’t just a gift from the government. Rather, that’s money you’ve […]
