Dave Ramsey’s advice can be problematic sometimes, and that’s especially true when it comes to his suggestion for when to claim Social Security. The reality is that if you listen to the finance guru’s…
In 2026, the maximum Social Security benefit is hitting a new high of $5,251. If your benefit is closer to the average of $2,071 each month, it’s easy to imagine that you’d be all…
Dave Ramsey is a financial expert who has undoubtedly given some good advice. For example, he regularly urges people not to spend on things they can’t afford, and especially not to buy expensive cars…
Social Security checks are growing in 2026, and the biggest possible benefit is going to hit a new milestone. The largest benefit available to seniors from Social Security is $5,251 in 2026, up from…
The U.S. Central Bank wrapped up a two-day meeting on December 10, 2025, marking the last Fed meeting of the year. While there had initially been speculation that the Fed would keep interest rates…
When do you plan to retire? This is a question everyone should answer, and ideally sooner rather than later because you’ll need to set your retirement planning goals based on your target exit date. …
Finance expert Suze Orman had some important commentary about New Year’s Resolutions that everyone should read as 2026 approaches. Orman said, “In January we start saving money, getting out of credit card debt, funding…
Both Suze Orman and Dave Ramsey are well-known personalities who aim to provide financial advice to millions of listeners. Both have, unsurprisingly, addressed the important issue of when to claim Social Security. However, they…
Maxing out a 401(k) is one of the most reliable foundations for retirement wealth. For 2026, the employee contribution ceiling sits at $24,500, up from $23,500 in 2025, with additional catch-up provisions for savers…
President Trump promised that he would eliminate taxes on Social Security benefits. While the President was not quite able to deliver on this goal, and the tax rules for retirees remain unchanged in 2026,…
Saving for retirement is something every American needs to do, but far fewer are making real progress. According to the 2026 Northwestern Mutual Planning and Progress Study, Americans believe they need $1.46 million to…
Many pre-retirees and current retirees share one concern about their later years: They fear that they are going to run out of money too soon and not have enough to live on. This is…
The average Social Security benefit is just $2,008 as of August 2025. This is not an impressive amount of money for retirees. A monthly benefit of $2,008 would provide an annual income of $24,096,…
When you retire, chances are good that Social Security is going to be a major income source for you. In fact, according to the Senior Citizens League, 27% of survey respondents get all of their…
There is a lot that I disagree with Dave Ramsey about. For one thing, I think he is dead wrong about credit cards. While he discourages their use, I think cards are a great…
If you are 65 or over, you are most likely eligible for Medicare for your health insurance. Getting coverage through this government program isn’t as simple as it seems, though. That’s because original Medicare…
Social Security benefits are increasing in 2026. That’s good news for retirees. However, it’s important for seniors to understand just how much of a benefit increase they can expect to see, so they’ll be…
In 2026, Social Security checks are getting bigger. That’s the good news. The bad news, however, is that retirees are likely to find that the Cost of Living Adjustment (COLA) they are expecting doesn’t…
Social Security benefits are a crucial income source for many seniors, so it’s common for retirees to eagerly await the news of their Cost of Living Adjustment each October. Cost-of-Living Adjustments (COLAs) happen automatically…
Workers have a choice of tax-advantaged retirement plans they can contribute to, but for many people, a 401(k) is the default option. Some workers are actually auto-enrolled in their 401(k), but even for those…
