retirement
Will your Social Security check be cut

Improper (overpayments) payments were made by the Social Security Administration between 2015 and 2022, totaling $72 billion. There are various reasons why overpayments occur; the most common error is failure to report changes involving income. By law, the Social Security…
Delaying retirement
As Americans approach retirement age, a growing number of them are delaying retirement, and more than fifty percent are expressing doubts about the future of Social Security. A recent survey found that almost two-thirds of pre-retirees are concerned about outliving…
Prepare to live in retirement for 40 years
Although life expectancy took a downward turn due to the COVID-19 pandemic, it is on the rise again, with the average life expectancy in the U.S. for 2025 at 79.40. With people living longer, your retirement and retirement savings will…
Should you have an emergency fund in retirement?
We have all heard from financial experts that we need an emergency fund equal to at least six months of our working salary, but what if you are retired? Life happens, things break, people get sick, and you find yourself…
Retirement planning mistakes to avoid

The fear of running out of money or being unable to afford necessary expenses in retirement can be overwhelming. If you have retirement anxiety, several coping mechanisms can help you not to feel so overwhelmed. The first and most important…
Some reasons why you may want to start early
You can begin your Social Security retirement benefits as early as age 62. However, if you start receiving benefits early, your benefits are reduced. But if you delay taking your benefits from your full retirement age up to 70, your…
You can retire on less than $1 million
Not every soon-to-be retiree will have $1 million saved, but that does not mean you cannot retire. You will need to plan a reasonable monthly budget, maximize your Social Security benefits, and create a drawdown strategy. It sounds very daunting,…
Are you five years out from retirement?
How close are you to retirement? Are you planning to retire in the next five years? If so, you still have time to finalize your retirement plans. You may need to assess your financial situation, create a retirement budget, and,…
Ask Rusty – Why Can’t I get my Social Security payment plus my Railroad pension from my Ex-spouse?
Dear Rusty: I have a question. I now get a Railroad Pension from my ex-husband. I did not know it was from the Social Security Administration. I want to collect my SS benefits and my Railroad pension. Can I do…
Social Security Increases Repayment Amount on Overpayments
If you find yourself being overpaid by Social Security, you may have to pay it back. These overpayments will start being withheld around July 24, 2025. If you received an overpayment notice issued on April 25, 2025, Social Security will…