10% Social Security COLA in 2023? We Will See!￼
Once in a while, times like this offer us a glimmer of hope – a silver lining, if you will. And right now, that silver lining is in the form of a potentially impressive COLA on Social Security benefit.
Social Security Reform Bill Has Tough Hurdles to Overcome
I am regularly asked by folks how I feel about the future state of Social Security. The answer to this question is particularly important for those approaching retirement within the next 5-10 years, because time is simply not on their side if their anticipated benefits are cut.
Social Security & Medicare Are in Trouble . . . And the Solutions Might Hurt
Our country is facing some critical challenges to keeping Social Security and Medicare solvent. In this week’s article, I’ll outline some solutions being tossed around and what their potential consequences could be to you.
Whatever Your Politics, We All Agree on One Thing – Retirement Security Is at Risk
There’s little difference between Democrats and Republicans in their belief that retirement security is a problem for the country. Reaching a secure retirement isn’t a left or right political consideration, it’s something we’re all reaching for.
How Big of a Hit Will Your Social Security Take? Your Age Matters
Confidence in social security benefits has waned recently, for good reason. How big of a hit will your social security take? This week I discuss challenges with social security and how to manage your risk.
The State of Retirement in America
In addition to COVID, there are other factors causing folks to re-think retirement. So, this week, I’d like to discuss a few of these to help you understand key challenges to a successful retirement.
Inflation Amplifies the Concerns of Seniors Hampered by Tiny Social Security COLA
The concept of a dollar being worth less tomorrow than it is today is a scary thought, but a hard reality. So, this week we are digging a little deeper into inflation and specifically how it affects those in retirement.