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This Common Social Security Myth Leaves Too Many Retirees Struggling to Get By
Roughly 1 in 4 retirees have no savings, according to a recent Clever survey. There are several reasons for this, including living paycheck to paycheck and having to pay for unplanned expenses. These obstacles can be challenging to overcome,
Bad news for Social Security retirees, COLA 2025 may be cause for concern this year
Recipients of Social Security received an increase in benefits in 2025, as they do every year. However, new economic data and policies could spell trouble.
Some Nevada retirees to see thousands in back pay for Social Security
The Social Security Fairness Act removes provisions that reduced benefits for public employees and their spouses. Some Nevadans will see thousands in backpay.
Social Security Retirees Just Got Bad News About the 2025 Cost-of-Living Adjustment (COLA)
The cost-of-living adjustment (COLA) applied to Social Security payments in any given year is based on CPI-W inflation from the third quarter of the previous year. In that sense, COLAs are a reimbursement mechanism to compensate retirees for the buying power benefits lost in the previous year.
The 2025 Social Security Benefits boost for retirees: Who gets it?
This week, a select group of Social Security retirees in the United States will see their monthly payments rise to $5,000. Millions of beneficiaries will also experience a significant increase in their income,
Social Security Checks: 7 Ways Wealthy Retirees Spend Their Benefits
Most people want to retire rich. In fact, for many Americans, that's the only reason to work hard and save all you can. Like many financial systems, Social Security payments may not be equal, but
The 4 Best Retirement Income Sources to Supplement Your Social Security Benefits in 2025
The average Social Security beneficiary will receive about $23,712 in 2025. While that's a good chunk of money, it's not enough for most people to live off of comfortably. Married couples might fare a little better because they'll have two checks instead of one,
Social Security prepares an adjustment with an increase for some retirees
In a groundbreaking move, the Social Security Administration (SSA) has announced a significant increase of $360 per month in benefits for millions of retirees and beneficiaries.
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Frugal Retirees Never Pay Full Price For These 7 Things
Continuously counting every dollar of your retirement savings can be exhausting, so cutting costs upfront can go a long way ...
GOBankingRates on MSN
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Naples and 6 Other Florida Cities That Retirees Will Flock To Under a Trump Economy
The Sunshine State has become a conservative hotspot and retirees may flock to its most populous cities. Suburban and rural ...
Governing
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Public Retirees’ Big Win — and What Might Happen Next
As 2024 came to a close, the White House and Congress approved big giveaways to two subsets of state and local government ...
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Here’s the withdrawal rate American retirees need to start using in 2025, according to new report — and it’s shockingly low
Retirees, brace yourselves: The golden rule of retirement withdrawals just got a cold dose of reality. A new report from ...
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10 Facts About the Financial Fragility of Retirees in the Post-Pandemic Economy
A new study from the Transamerica Center for Retirement Studies reveals that most retirees face financial challenges.
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A growing number of retirees have mortgages. And they’re turning to reverse mortgages
Currently, rates at HomeEquity Bank and Equitable Bank – the two heavyweight lenders in the space – hover around 7 per cent ...
17h
Aussie retirees are more frugal than they need to be. What can be done?
The Federal Government faces an uphill battle to make retired Australians spend more. Let's hope they don't go overboard.
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on MSN
Beyond the Will: Essential Considerations for Retirees' Estate Plans
Learn about common estate planning pitfalls that can cause delays, disputes, and financial hardship for your heirs.
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