Later this week, Social Security will announce the largest inflation adjustment to benefits in four decades. 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...
The climate and healthcare legislation that Congress is set to approve later this week includes the most important improvements to the Medicare program in nearly two decades. The changes aim to address one of the biggest concerns of seniors: the fast-rising cost of...
This week on the podcast, let’s talk about the value of time. Time has value to us – both in personal and economic terms. It’s something we often fail to consider when making decisions about how long to work and when to retire. These decisions often focus only...
It’s a truism that high inflation hits hardest for people on fixed incomes—especially retirees. And seniors are telling pollsters that high inflation is among their top worries. But the actual impact of inflation on retirees is more complex. It depends in large...
When the stock market gets volatile, retirement investors are naturally inclined to want to do something about it. We certainly are at such a point now. The S&P 500 has plunged 21.1% so far this year, as of Wednesday’s close. Last week, it lost 5.8%,...
When you’re trying to build toward financial security in retirement, complexity is the enemy. That message came through loud and clear in an opinion delivered last month by the U.S. Supreme Court in a case brought by employees against Northwestern University....
