Social Security’s 2027 COLA Forecast Was Just Updated. There’s Bad News and Good News for Retirees.
The Senior Citizens League (TSCL) recently lowered its forecast for Social Security’s 2027 COLA to 3.8%, down from the previous estimate of 3.9%...
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Think Stocks Are Too Risky for Your Retirement Savings? Why Dumping Them Completely Is a Huge Mistake
It’s natural to want to unload some risk in your portfolio during retirement. Getting rid of stocks completely could stunt your portfolio’...
The Backwards Social Security COLA Rule That Will Probably Short-Change Seniors (Again) in 2027
COLAs are based on a price index that actively excludes senior households. There’s a separate index, the Consumer Price Index for the Elderly (C...
Social Security’s Payroll Tax Rate Could Increase. Here’s Why I’d Rather That Happen Sooner Rather Than Later.
Social Security is just a few years away from steep benefit cuts without government intervention. It’s likely the Social Security payroll tax ra...
Medicare Open Enrollment Is 3 Months Away: 3 Key Moves to Make Now to Prepare
Medicare’s open enrollment period in the fall gives you a chance to make changes to your coverage. Now’s the time to review your prescript...
There’s More Than 1 Way to Cut Social Security Benefits. 3 Ways Seniors Could Get Less in the Future.
Some possible fixes involve capping benefits for high earners. Increasing the full retirement age would reduce benefits for younger earners. Changes t...
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