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This Congressional Bill Seeks to Increase Social Security Benefits by $2,400 a Year

This Congressional Bill Seeks to Increase Social Security Benefits by $2,400 a Year

(Bram Berkowitz) Social Security has now been in place for over 80 years and has likely helped billions of people supplant their incomes, especially later in life when they retire. But despite its success, it’s no secret that the Social Security program is in a dangerous situation considering that it may not be able to …

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3 Social Security Mistakes You Probably Don't Even Realize You're Making

3 Social Security Mistakes You Probably Don’t Even Realize You’re Making

(Christy Biber) Social security is complicated. That’s unfortunate, because it’s likely to be a major source of income, and you could end up costing yourself some crucial benefits if you don’t know the rules. You don’t want to make Social Security mistakes that will leave you with less financial security in your later years, so …

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What your retirement income could look like in 2030

What your retirement income could look like in 2030

(Sam Swenson, CFA, CPA) In an environment of rising interest rates, still high inflation and a declining stock market, pre-retirees and retirees alike are very concerned about making ends meet in retirement. Realistically, these concerns are valid, which makes it all the more useful to understand what retirement income might look like over the next …

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Is a Monster Social Security increase on the way?  Not necessarily

Is a Monster Social Security increase on the way? Not necessarily

(Keith Speights) Big, gigantic, immense, formidable. Pick any of these adjectives, and you’ve probably seen it used to describe the upcoming Social Security Cost of Living Adjustment (COLA). Some predict an increase of almost 11%. If that happened, it would be the third highest COLA in history. Is a monster increase in Social Security really …

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