Whether for financial or psychological reasons, easing into retirement can provide stability when leaving the workforce. If you’re like most people who are nearing retirement, you may be in the […]
Not done working? Why Phased Retirement May be for You Read More »
Social Security recipients will see a 5.9% increase in 2022 – the largest increase since 1982! This means that the average recipient will see a $92 a month raise starting
What the High Social Security COLA Could Mean for Your Retirement Finances Read More »
The Social Security trust fund is now expected to be depleted by 2034, according to a recent report from the Social Security and Medicare trustees.[1] That’s one year earlier than
Examining the Future of Social Security, Medicare, and Your Taxes Read More »
Inflation is on the rise, and Federal Reserve Chairman Jerome Powell recently testified to Congress regarding the Federal Reserve’s commitment to controlling inflation. He admitted that inflation is “well above
How Will Social Security Respond to Higher Inflation? Read More »
You\’re used to receiving a paycheck, and perhaps you\’ve been used to it steadily increasing over the course of your career. You may have experienced what’s known as “lifestyle inflation”
According to a recent study, only 4% of retirees claim Social Security benefits at the optimal time, losing out on an average of $111,000 per household.[1] There are many things
Be Part of the 4% When it Comes to Social Security Read More »
The Social Security Administration recently made some important announcements that workers and retirees should note, including a Social Security benefit increase – and a tax increase. While it’s very unlikely
How Will Social Security Benefits and Taxes Change Next Year? Read More »
Regardless of who wins the election, Social Security will surely remain a hot button issue. The program currently pays out more than it takes in, and this trend is likely
How Could the Outcome of the Election Affect Social Security? Read More »
Even if you don’t plan to rely primarily on Social Security for income in retirement, it’s still an important part of your retirement plan. Despite its importance, only 4%
When It Comes to Social Security, Focus On What You Can Control Read More »
Long after the restaurants and hotels are open again, the economic impact of the COVID-19 pandemic will still be felt by many individuals and the country. During this time of
Far-Reaching Effects of This Pandemic on Social Security and Taxes Read More »