Why COLAs Have Lost Retirees 14% of Their Buying Power Since 2016
The average Social Security benefit is the highest it’s ever been, $2,084 per month as of June 2026.…
Laid Off at 62 From an Employee-Owned Steel Mill: Should He Claim Social Security or Spend the 401(k) First?
Quick Read Claiming Social Security at 62 permanently cuts benefits by up to 30%, potentially erasing $8,600 a…
They Retired to a Rural Town on a Fixed Social Security Income. Then Their County Became a Pharmacy Desert.
Quick Read Pharmacy closures have left 73% of counties with inadequate access, forcing rural retirees to drive hours…
Social Security email sent to retirees included “misleading information,” Democratic senators say
A group of Democratic senators is accusing the Social Security Administration of using a July email to distribute…
How Many Americans Wait for Full Retirement Age to Claim Social Security and the Impact on Income
Retirees who wait until full retirement age receive their full benefit. For those born in 1960 or later,…
Letters to the Editor: Social Security wasn’t created to supplement the incomes of the rich
To the editor: I strongly disagree with Veronique de Rugy’s proposed approach to Social Security (“This next batch…
Why the Latest Social Security COLA Forecast Could Disappoint Beneficiaries
We’re inching closer to the 2027 Social Security cost-of-living adjustment (COLA) announcement, and it’s looking increasingly likely that…
A $1.6 Million 401(k) Faces a 40% RMD Tax Rate. Here’s How to Cut It in Half.
Quick Read A $1.6M 401(k) growing 7% annually reaches $4.4M by RMD age, pushing the first $166,000 withdrawal…
How 401(k) fees can cost tens of thousands in retirement savings
More than half of U.S. workers rely on 401(k) plans to save for retirement, but many may not…
38% of retirees underspend — not from need but from fear of shrinking their nest egg, survey finds
Master of Stocks/Shutterstock You’ve spent your entire working life saving money for retirement. Then, when you retire, you’ll…
Third round of July Social Security payments goes out in three days
The third round of July Social Security payments for retirees, now capped at $5,181, will be issued in…
A couple with $6.1 million can’t agree on when to retire — Ramit Sethi says ‘it’s not the numbers’ holding them back
What happens if you’re ready to retire, have enough money to spend your golden years in comfort, but…