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Retiree finances

Americans worry changes to retirement system will upend their plans

by Adrian Jhonsan
Americans worry changes to retirement system will upend their plans

Viewstock | View Stock | Getty Images Last year, Americans’ confidence that they would have enough money to live comfortably in retirement fell the most since the global financial crisis. …

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Most retirees don’t delay Social Security benefits. Experts say it pays to wait

by Adrian Jhonsan
Most retirees don’t delay Social Security benefits. Experts say it pays to wait

Sporrer/Rupp | Image Source | Getty Images The largest and final cohort of the baby boom generation — 30.4 million Americans — will turn 65 by 2030. And more than …

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Americans think they need $1.46 million to retire. What experts say

by Adrian Jhonsan
Americans think they need .46 million to retire. What experts say

Aleksandarnakic | E+ | Getty Images When it comes to retirement, Americans have a new number in mind — $1.46 million — for how much they think they will need …

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What Social Security beneficiaries need to know about overpayment policies

by Adrian Jhonsan
What Social Security beneficiaries need to know about overpayment policies

Mstudioimages | E+ | Getty Images Social Security beneficiaries who owe money to the Social Security Administration may see much lower default withholding rates from their monthly checks, thanks to …

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Social Security Administration to remove food assistance as SSI benefit barrier

by Adrian Jhonsan
Social Security Administration to remove food assistance as SSI benefit barrier

Zeljkosantrac | E+ | Getty Images The Social Security Administration has issued a final rule that will prevent food assistance from reducing payments to certain beneficiaries. The change applies to …

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BlackRock CEO Larry Fink says 65 retirement age is too low. What experts say

by Adrian Jhonsan
BlackRock CEO Larry Fink says 65 retirement age is too low. What experts say

BlackRock CEO Larry Fink speaks during the New York Times DealBook Summit Nov. 30, 2022 in New York City.  Michael M. Santiago | Getty Images News | Getty Images The …

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How Social Security benefits may change under Republican, Democrat proposals

by Adrian Jhonsan
How Social Security benefits may change under Republican, Democrat proposals

South_agency | E+ | Getty Images House Republicans unveiled a plan this week that calls for raising the Social Security retirement age. Meanwhile, Democrats and advocates for the program are …

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Why Social Security cost-of-living adjustment may be smaller in 2025

by Adrian Jhonsan
Why Social Security cost-of-living adjustment may be smaller in 2025

Peopleimages | Istock | Getty Images High inflation has prompted higher Social Security cost-of-living adjustments. But as the rate of price growth subsides, the annual increases for Social Security may …

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Biden says wealthy should pay ‘fair share’ to Social Security

by Adrian Jhonsan
Biden says wealthy should pay ‘fair share’ to Social Security

U.S. President Joe Biden delivers his third State of the Union address in the House Chamber of the U.S. Capitol in Washington, D.C., on March 7, 2024. Shawn Thew | …

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What to expect in 2024 State of the Union

by Adrian Jhonsan
What to expect in 2024 State of the Union

President Joe Biden delivers the State of the Union address to a joint session of Congress on Feb. 7, 2023 Pool | Getty Images How Democrats propose tackling Social Security’s …

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