Coming in January – Retirement Reboot: Commonsense Financial Strategies for Getting Back on Track

Americans approaching retirement age today have experienced some particularly frightening economic waves. During the Great Recession in 2009 and the COVID-19 pandemic of the early 2020s, older Americans experienced higher rates of job loss than younger ones – and many never fully recovered. Today, the uncertainty caused by high inflation and the possibility of another recession has led to exceedingly difficult economic circumstances for millions.

My new book on retirement – which will be published in January – is titled Retirement Reboot: Commonsense Financial Strategies for Getting Back on Track. My aim is to take you through a short course of decisions that you can make now to improve your financial security in retirement —even if it’s just a few years away.

You’ll learn just how critical it is to make a retirement plan – and the critical importance of timing your retirement. How to optimize Social Security and Medicare benefits. How to build savings – even late in the game. I also explore ways to tap home equity, how older workers should approach career management and financing long-term care needs.

Learn more about Retirement Reboot.

Everything you wanted to know about Social Security’s COLA – and then some

Social Security announced the largest inflation adjustment to benefits in four decades this week – 8.7%. With interest in the COLA running very high this year, I posted a story for The New York Times today that answers a range of questions you might have about the program’s cost-of-living adjustment (COLA) – and perhaps some questions you haven’t asked yet. 

The list includes:

  • Why will this year’s COLA be so high?
  • Is the COLA formula an accurate measure of inflation for retirees?
  • If Social Security is adjusted for inflation, why do people always say retirees live on fixed incomes?
  • Do all seniors experience inflation in the same way?
  • Why is there so much interest in the COLA?

There’s much more – check it out in the latest newsletter and podcast.

About Mark Miller

I write on retirement for ReutersThe New York TimesMorningstar, and WealthManagement.com. Keep up with my latest work by subscribing to my free Substack newsletter. I focus mostly on personal finance, retirement planning, Social Security and Medicare and health.

You’ll receive summaries and links to my latest articles., plus links to the best new research and writing from all over. I also do some podcast interviews on retirement topics from time to time, and include links to webinars and conference presentations of interest.

I’ve been covering retirement for 15 years and have an extensive background in business and financial journalism. I’ve published two books, with a third scheduled to arrive in January 2023.

By this time, I’ve figured out how to make the newsletter a no-B.S. zone on the things that matter most for a successful retirement: Social Security, Medicare, low-cost passive investing, debt management and careful budgeting.

The rest is noise. 

Sign up for the newsletter here.