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Will there be a $1,400 Social Security Stimulus check?
There is considerable amount of chatter on social media platforms and in the news recently about a $1,400 Social Security stimulus check, but will it happen? The Senior Citizens League sent a letter to Congress on how inflation has affected…
4 Types of Social Security Benefits Older Americans May Be Eligible for
Social Security continues to keep millions of Americans out of poverty. Christy Bieber explains you do not want to leave money on the table. There are four kinds of benefits one may be eligible for, so it it best to…
How To Live Well On Just a Social Security Check
It’s widely known Social Security is not to be lived on by itself, but Gabrielle Olya has a total of 17 tips on how one might do just that. As she notes, delaying benefits as long as possible (up to…
Important Social Security Q&A on 10 topics
John Csiszar explains the importance of having an understanding of how Social Security operates, particularly since for about half of older adults, it comprises more than 50% of their income. Details about Social Security can be complicated, but there are…
How to Earn the Social Security Max Benefit
When people see that the Social Security maximum benefit is $4,194 per month, folks often ask, “who gets that, and how do I get that amount, as it’s way more than I’m getting?” Sam Swenson notes few even have a…
Be Careful When Claiming Social Security Early
While most people do indeed claim Social Security at age 62, in this article Maurie Backman urges that people ask themselves this question first: Can I mostly live on the income my savings and investments will provide? If yes, then…
No 4th stimulus but other assistance available
Rumors started in October 2001 and continue making the rounds in some media about a fourth stimulus check. Dana George addresses that, reminding folks that there is no active consideration of such a scheme. Of course, it was the third…
What to do in a dangerous year to retire
The year 2022 is a challenging one for those wanting to retire. Greg Iacurci of CNBC highlights a rare and worrisome combination for new retirees—stocks and bonds are down and inflation is high. “Sequence of returns” risk is acute for…
Claiming Social Security at 62 Might Bring Remorse Later
Selena Maranjian notes that claiming Social Security at 62 is the most common age for filers. Some have little choice, as their health or financial situation or both is dire. But more shortchange themselves by claiming at 62. Why? Maranjian…
Nearing Retirement? Here are 3 Financial Lessons for Retirees
Certified Financial Planner Tony Drake says it is important for people to educate themselves as they plan for retirement, lest they make one of three big mistakes. Maintaining the same or a similar standard of living requires planning, preferably a…