Opinion: You can’t rely on Social Security to fund your retirement — it’s time to rethink your retirement savings strategy
Following a period of record inflation, Social Security’s latest cost of living adjustment (COLA) means retirees will see the biggest bump to their benefits checks...
Here’s why you should be worried about state and local pensions
Right now, across America, about 26 million people are relying on state and local pension plans to take care of them in their retirement years....
Some Republican senators are talking openly about Social Security cuts
If a Republican-controlled Congress comes for your Social Security benefits in the next few years, don’t say they didn’t warn you. They did. Sen. Mike...
‘Living paycheck-to-paycheck has become the norm’: Inflation takes its toll on American finances as emergency funds run dry
Inflation is taking its toll on people’s emergency funds. The share of workers who say they are living paycheck-to-paycheck has surged among middle- to high-income...
More Americans live paycheck to paycheck as inflation outpaces income
As rising prices continue to outpace wage gains, families are finding less cushion in their monthly budget. As of September, 63% of Americans were living...
This U.S. pension plan faces a bigger crisis than the U.K.’s
Could the U.S. pensions behemoth be hit by the kind of crisis that just swept across the U. K.? Don’t bet on it, says ratings...
Social Security COLA will be 8.7% in 2023, highest increase in 40 years
Azmanjaka | E+ | Getty Images Amid record high inflation, Social Security beneficiaries will get an 8.7% increase to their benefits in 2023, the highest...
Retirement security is being threatened by high inflation
Retirement is the final chapter of the American dream. But the dream of the “golden years” is quickly turning into a fairy tale for a...
Pension Strategy Left Funds Vulnerable to Rate Increases
Sept. 29, 2022 12:33 pm ET Listen to article (1 minute) A pension-fund strategy that aims to reduce volatility without lowering returns created the first...
Stubborn inflation forces more Americans to live paycheck to paycheck
Inflation is a persistent problem The consumer price index, which measures the average change in prices for consumer goods and services, rose a higher-than-expected 8.3% in...