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Good News about Social Security

Good news about Social Security.

For a long time, the Social Security Trustees have been warning that the retirement benefits system is facing some future financial hardships.

Should I Ask Mom and Pop about Their Finances?

Daughter talks with mom about estate planning on the couch.

There are now more than 70 million Baby Boomers in the U.S. However, millions of adult children may not be prepared to make important decisions about their parents’ future if necessary, because of a lack of knowledge about their parents’ finances.

Rethinking Retirement

Older couple in retirement

When contemplating retirement, a review of the past, present, and future highlights the relatively recent and complex evolution of this modern concept.

Social Security Cost of Living (COLA) Modest Increase in 2024

Social Security COLA increases for 2024

Social Security COLAs are tied to the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W), a measure of price changes for a selection of goods and services, including food, energy, and medical care, that is reported monthly by the federal Bureau of Labor Statistics.

How Will Social Security Change Next Year?

Social Security COLA Benefits

Social Security recipients likely already know that their benefits get a bump almost every year to counteract the effect of inflation. However, that cost-of-living adjustment is just one of several annual tweaks to the Social Security system.

How to Maximize Lifetime Social Security Benefits

retired on social security lifetime benefits playing chess

As retirement nears, you may be wondering when to start taking Social Security payments. These benefits are primarily based on your earnings during your working years and your age when you start receiving benefits.

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