(Kailey Hagen) Nothing’s been finalized yet, but 2023 seems poised to bring Social Security’s biggest increase in over 40 years. This is a big deal for the millions of Americans who count on Social Security to help them cover their expenses. But there are still a lot of misconceptions about this impending benefit boost. Here …
(Kailey Hagen) Seniors are usually the ones claiming Social Security, but they’re not the only people who should be thinking about it. If you plan to rely on Social Security in retirement, you need to understand how the decisions you make today will affect your benefits later. Here are three things you can start doing …
3 Ways to Score a Richer Monthly Social Security Payout | Personal finance Read More »
(Maurie Backman) Saving for retirement is important. While you can expect some monthly income from Social Security, those benefits may not be enough to cover all your bills. That said, there are steps you can take to lock in a higher monthly Social Security benefit. And the good news? You don’t have to wait until …
(Maurie Backman) Saving for retirement is important. While you can expect some monthly income from Social Security, those benefits may not be enough to cover all your bills. That said, there are steps you can take to lock in a higher monthly Social Security benefit. And the good news? You don’t have to wait until …
(Katie Brockman) Social Security benefits are an integral source of income for millions of retirees, so it pays to understand as much as possible about how the program works. There are some misconceptions about Social Security that could potentially affect your retirement plans, and there’s one thing many people get wrong about the program’s future …
What Everyone Gets Wrong About the Future of Social Security | Personal finance Read More »
(Kailey Hagen) Generation Z — those born between 1997 and 2012 — are the newest workers on the scene and, despite the pandemic, inflation, and everything else we’ve gone through in the last few years, they remain optimistic about their futures. Their average estimated retirement age is 63.6, according to a recent BlackRock survey. That’s …
Generation Z, Prepare for Retirement Fund Sticker Shock | Smart Change: Personal Finance Read More »
(Kailey Hagen) A $4,194 monthly Social Security check could help you finance a pretty comfortable retirement, especially if you have personal savings too. But few people manage to pull this off. If you’re up for the challenge, here are the three steps you need to take to lock in the maximum Social Security benefit. Step …
(Kailey Hagen) Choosing the right Social Security claiming age is crucial to maximizing your lifetime benefits. Wait too long, and you could miss out on Social Security altogether. Sign up too early, and you could cost yourself tens or even hundreds of thousands of dollars over your lifetime. It’s pretty easy to sign up for …
(Kailey Hagen) Social Security is a cornerstone of most Americans’ retirement plans, yet a lot of people are still confused about how it works. One potentially dangerous misconception is that your Social Security checks increase once you reach your full retirement age (FRA). This might happen for some people, but it’s not something every senior …
(Kailey Hagen) Social Security is a cornerstone of most Americans’ retirement plans, yet a lot of people are still confused about how it works. One potentially dangerous misconception is that your Social Security checks increase once you reach your full retirement age (FRA). This might happen for some people, but it’s not something every senior …
