As expected, the Social Security Administration has announced that the 2023 Cost of Living Adjustment (COLA) will be the largest COLA in 42 years, brought on by rampant inflation not seen in more than four decades.
Social Security benefits increase automatically if the Consumer Price Index (CPI-W) which measures price...
Medicare is a veritable alphabet soup of choices. There’s Part A, Part B, Part C, Part D, and when you get into Medicare Supplements, there are 10 options—A, B, C, D, F, G, K, L, M, and N. Make the wrong choices and you could be hit with lifetime...
It’s almost time for the Social Security Administration to break out pencil and calculator to find out how much more it costs to live this year than it did last, and then decide how much of a raise Social Security beneficiaries will get in 2023. For 2022, the Social...
Oh, the day you can hang up your career and ease into that status you’ve been working toward most of your adult life, the place that brings a smile to your face, your happy place where you no longer answer to an employer, where you set your own schedule—that...
Mom and Dad told us working was a good thing. It may not have seemed like it as kids when they were trying to turn us into fully functioning, responsible adults. But later in life, we discovered it was true.
Working gives a sense of pride and accomplishment. It makes...
Alhambra's Bob Williams describes how working past age 70, after delayed credits have stopped, can still increase your Social Security benefit.
So, you’re almost eligible for Medicare. For many who have struggled with health insurance since Congress passed Obamacare in 2010, going on Medicare is a step up from the expensive, high deductible, limited option plans available to them. But Medicare can be problematic too if you don’t know what...
For most folks heading into retirement, there’s always that time of reflection, deciding if you can actually retire. “Do I have enough saved?” “Will I run out of money?” “Can I count on Social Security?” “How can I make some extra retirement income?”
InternationalLiving.com has come up with some out-of-the-box...
An old chewing gum slogan used to be, “Double Your Pleasure, Double Your Fun.” Many retirees are being hit with a one-two punch that is neither pleasurable nor fun. First came the highest inflation in 40 years, eating away at their retirement income and reducing purchasing power. Now, many...