“Tower, this is Bill. I’m on the final approach to retirement and need landing instructions. Do you copy?” “Roger, Bill. Sending course corrections now. Then you are clear to land.”   Retirement is not something that just happens when you tell your employer goodbye and walk out the door. It’s a constant...
In 2022, Social Security recipients got a 5.9% cost-of-living adjustment (COLA). That was the largest increase in 40 years. The COLA coming in 2023 may be even bigger.   Social Security calculates cost-of-living increases based on changes in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) from...
At the beginning of every year, Americans receiving benefits from Social Security and Medicare find out what changes have taken place and what it means to their bottom line. This year is no exception. For 2019, Social Security recipients get the biggest annual raise they’ve had for quite a while. Some higher-income workers will...
Well, here’s a shocker—the cost of healthcare is getting more expensive all the time—much more. And with the highest inflation rate in forty years draining people’s purchasing power, more Americans are finding it harder to pay their medical bills too. It wasn’t much easier in 2021. The Kaiser Family...
Almost one-quarter of the 65 million people receiving Social Security rely on it for 90% of their retirement income. They’re locked in and there’s nothing they can do to get a bigger check except cross their fingers and hope for a cost-of-living raise every year. No one wants to be...
You load 16, tons, and what do you get? Another day older and deeper in debt. St. Peter don’t you call me, ‘cause I can’t go. I owe my soul to the company store. Lyrics “Sixteen Tons” –Merle Travis, 1946   Welcome to the United States, where debt is king. Debt was an issue in...
Ouch! The worst inflation in more than 40 years is inflicting pain on virtually every American, effecting their families, their budgets and their decisions.   The U.S. Department of Agriculture says inflation at the grocery store is 10.4% from June 2021 to June 2022. 41% of shoppers are now buying store...
What a crazy housing market! Skyrocketing prices, no haggling on the asking price, and bidding wars that create offers way above the asking price. It’s almost become a national pastime waiting for the monthly Zillow estimate to arrive to see what your home is worth now. Yes, if you’re...
When the Coronavirus Pandemic grabbed us, it hit fast, it hit hard, and there was no time to prepare. It was a crisis bigger than anyone has seen in recent history. In a few short weeks, 40 million workers filed for unemployment benefits. People raided grocery stores, stripping shelves...