Social Security: Fact vs Fiction
A program as popular and essential as Social Security tends to be talked about a lot — in social circles, on the internet, and just about everywhere. But that doesn’t mean everything you’ll hear…
All Work
Maurie Backman
IVV, VOO, SPY, FXAIX – how do I pick one, and does it really matter?
Investing your money is a great way to make it work for you. But there are certain basic rules of investing it pays to follow. First, you should never invest money you expect…
Social Security’s Trust Funds May Now Be Empty in Less Than a Decade. Here’s What That Means for You
It was the news nobody wanted to hear. The Social Security Trustees finally released their long-awaited annual report, which contained key information on the program’s financial situation. And there was one specific aspect…
The Fed Just Made Its Move — Here’s What It Means For Your Social Security Checks
If you’re someone who follows economic news, some of the most anticipated events of the year may be the Federal Reserve’s policy meetings. The most recent one wrapped up on June 18, during…
I’m expecting $786 a month from Social Security and have heard 85% of that will be taxed. Is that right?
Many people spend years working, earning money, and paying taxes on that money. And one benefit you’re supposed to get after all of those years is the promise of Social Security in retirement.…
The Worst 5 Reasons to Claim Social Security at 70
You have a choice when it comes to signing up for Social Security. You can begin collecting benefits at any point starting at age 62. And from there, the longer you wait, up until…
I Was Married for 7 Days Shy of 10 Years: Will That Ruin My Chances of Getting Social Security Survivor Benefits?
Many older people end up relying heavily on Social Security for income once they end their careers. While the program is famous for retired worker benefits, it also provides critical survivor benefits for current…
There’s Bad News for Retirees on Social Security. Here’s the Latest
Millions of older Americans depend on Social Security to cover their retirement expenses. But the fear is that the program won’t be around in the future due to financial issues lawmakers have long…
This Is What the Fed Just Said About a Raise in Social Security Checks
Millions of older Americans get the bulk of their retirement income from Social Security. As a result, many seniors are eager to know what next year’s cost-of-living adjustment, or COLA, will look like.…
Is Social Security Out of Money? This Is What You Need to Know
There are many older Americans today who get the bulk of their income from Social Security. And you may end up needing that money to help cover your expenses once you retire, too.…
The Worst 5 Reasons to Claim Social Security at 62
One of the most important financial decisions you might make for retirement is figuring out when to claim Social Security. You can sign up for benefits as early as age 62. But if…
My financial advisor took 40% of my gains. Time to move on?
When someone comes to your home to clean your gutters for you, you expect to pay them, right? And when someone comes to fix your plumbing, it’s not a shock when you have…
I’m 69 and Social Security Just Sent Me a Five-Figure Check Out Of the Blue
Many people are used to working, paying taxes on their income, and collecting Social Security in retirement. But it used to be that for some people, it wasn’t a given that they would…
5 Social Security Changes to Expect in 2026
Social Security is around 90 years old. And for many decades, the program has been instrumental in helping older Americans stay afloat financially. Even though Social Security has been around for a long…
Why do people seem to hate financial advisors?
It’s not easy being a financial advisor. Not only do these professionals have to manage their clients’ money, but they also have to market themselves to drum up business. And some financial advisors…
I get $1,056 from Social Security, but rent is $1,600 and am looking for options
If you’re a member of the labor force today, you might feel like you’re constantly being nagged to save money, whether it’s for emergencies, retirement, or something else. And the reality is that…
How often should you meet with a financial advisor?
The money you’re saving for different goals, whether it’s retirement, your children’s education, or buying a house, needs to be managed by someone. And that someone could easily be you. But if you…
I’m thinking of firing my financial advisor because I’m not getting great value
When you hire a lawn service to trim your grass every week, you’re paying a fee for convenience. You could probably do the work yourself. But since it’s time-consuming, it may be easier…
20 Tips to Stretch Your Social Security Benefits
Workers are often advised to save for retirement so they have enough income to manage their bills later in life. But unfortunately, a lot of people end up retiring on only or mostly Social…
What Opportunities Am I Forfeiting By Not Using A Credit Card?
Some people will tell you that using credit cards is a good way to get into debt. And because credit cards tend to have a bad reputation, some consumers opt to avoid them at…