Social Security 2020
It’s official: Your Social Security checks will get a modest increase next year. The Social Security Administration announced last Thursday that the cost-of-living adjustment for 2020 will be 1.6%. That […]
A Risky Dependence
If you’re like most people, your retirement fund probably isn’t as healthy as you’d like it to be. Only a quarter of baby boomers think they’re doing a good job […]
Getting a Pay Raise
Social Security recipients will soon receive the largest increase in their monthly benefits that they’ve seen in seven years. The U.S. Social Security Administration announced Thursday that beneficiaries will receive a 2.8 […]
Maximum Benefit
The maximum Social Security benefit for a new retiree in 2018 is north of $33,000 per year at full retirement age and can be even higher for workers who wait. […]
Getting By on the Average
The average household led by a retiree makes $48,000 annually before taxes and spends roughly $46,000 a year. That’s according to the Bureau of Labor Statistics’ (BLS) measure of the […]