If you write financial articles for a living, as I do, in the course of your research, you'll likely run across many articles with alarming statistics. It certainly happens to me. Here's a roundup of some worrisome survey results suggesting that...
People stress a lot about saving enough money to live comfortably in retirement. New research finds that, in spite of our anxieties, many of us are doing better than we think.
A November survey of 500 employees...
The first Social Security benefit checks for 2025 include a 2.5% increase — the lowest annual cost-of-living adjustment since 2021.
For retirees, that amounts to an increase of about $50 per month, on average, according to the...
You can’t control (or predict) how the stock market will move, how inflation may change from year to year or what future tax brackets will look like. But there are plenty of factors within your control that can help you...
Stock Markets
The 30-stock Dow Jones Industrial Average (DJIA) was up 0.27% for the week, although the broader stock indexes were generally down week-on-week. The Total Stock Market Index fell by 0.95%, while the broad S&P 500 Index slumped by 1.00%. The technology-heavy Nasdaq Stock Market Composite dropped by 1.64%,...
Most American workers have a good understanding of many of the steps people are encouraged to take when planning for retirement.
Suze Orman, the well-known personal finance author and media personality, explains some common investing and savings...
By now, all seniors on Social Security should have gotten their first checks for 2025. With the latest 2.5% cost-of-living adjustment (COLA) in effect, the average benefit has climbed to $1,976 per month. That's about $49 higher than the average in...
Social Security’s annual cost-of-living adjustment (COLA) helps keep retirees afloat as inflation erodes purchasing power. But this year, it’s sparking some anxiety.
Millions of Americans are facing tough questions about how to stretch their money with a...
Retired Middlebury, Connecticut school teacher Bill Callahan waited 40 years for Congress to pass a bill to eliminate the reduction in Social Security benefits he receives because he also has a pension.
Now, the Social Security Administration...
More than 3.2 million people will see increased Social Security benefits, under a new law.
However, individuals who are affected may have to wait more than a year before they see the extra money that’s due to...
