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Tag: socialsecurity

Haley, Christie open to raising Social Security retirement age

Haley, Christie open to raising Social Security retirement age

November 8, 2023November 8, 2023 · Breaking News

Social Security’s pending insolvency grabbed attention at the Republican presidential debate Wednesday night, with some candidates saying they would be willing to raise the full retirement age for…

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Your retirement checklist: 9 steps toward a better retirement

Your retirement checklist: 9 steps toward a better retirement

October 13, 2023October 14, 2023 · Breaking News

The U.S. is approaching “peak 65.” Are you ready for it? The number of people who turn 65 every day will peak in 2024, and more people will…

Read more Your retirement checklist: 9 steps toward a better retirement
.8 million to retire? Are you kidding?

$1.8 million to retire? Are you kidding?

August 9, 2023August 9, 2023 · Breaking News

This time it’s in the latest Charles Schwab Retirement Survey. Among 1,000 people surveyed, the average respondent figured he or she needed to save $1.8 million to retire.…

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The debt ceiling deal: This clause is bad for Social Security

The debt ceiling deal: This clause is bad for Social Security

May 30, 2023May 30, 2023 · Breaking News

If there were no tax cheats in America, there would be no Social Security crisis. Benefits could be paid, and payroll taxes kept the same, for the next…

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What’s your retirement ‘number’? How to figure it out.

What’s your retirement ‘number’? How to figure it out.

May 11, 2023May 12, 2023 · Breaking News

There’s a lot of numbers to weigh when it comes to retirement—but what’s your number?  Working Americans think they need $1.1 million to retire, according to the Schroders…

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Social Security’s COLA could be 3.1% in 2024, and buying power has dropped 36% since 2000

Social Security’s COLA could be 3.1% in 2024, and buying power has dropped 36% since 2000

May 11, 2023May 11, 2023 · Breaking News

The buying power of Social Security has dropped 36% since 2000, meaning that oldest adults who retired before 2000 would need more than $500 a month extra just…

Read more Social Security’s COLA could be 3.1% in 2024, and buying power has dropped 36% since 2000
The government may stop issuing Social Security payments after the debt limit is hit — here’s why

The government may stop issuing Social Security payments after the debt limit is hit — here’s why

March 10, 2023March 10, 2023 · Breaking News

There’s a very real possibility the government will stop issuing Social Security payments after the debt limit is hit. Scary as that prospect is, however, the alternative might…

Read more The government may stop issuing Social Security payments after the debt limit is hit — here’s why
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