How to Live On Social Security in Retirement

Social Security COLA update coming soon

Social Security’s COLA is coming. Here’s how you can stretch your benefits the most.

Social Security’s COLA is coming. Here’s how you can stretch your benefits the most. With Social Security’s annual cost-of-living adjustment due to be announced Friday, the issue of everyday expenses and costs are top of mind for retirees — and where you live can have a big impact on your quality of life and your wallet.

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Social Security sets its 2026 COLA increase at 2.8%. Here's what that means for your benefits.

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Social Security COLA 2026 announced: Good news for beneficiaries? What to expect.

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Most Social Security recipients say 2.8% COLA isn’t enough

Starting in January 2026, the average monthly Social Security check for the U.S.'s 74.5 million Social Security recipients will be around $1,917, up 2.8% from 2025.

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Social Security COLA increase for 2026 set at 2.8%. Here’s what that is per month

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Social Security COLA for 2026 is 2.8%: What You Need to Know

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$1.5M is a retirement 'magic number.' Here's how long it lasts in every state.

An Aug. 1 analysis from the personal finance site GOBankingRates uses $1.5 million as the basis for a retirement-planning exercise. The report examines how long that money will last for a retiree in every state.

Benzinga.com

Want To Live On $100K A Year In Retirement? This Is How Much You'd Need To Make

Earning six figures during your career feels like financial stability. But if you want that same $100,000 a year once you stop working, the question becomes: how much do you really need saved? The answer depends on a mix of math, timing, and personal ...

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Is $1.5 million the 'magic number' for retirement? Here's how long it would last in Indiana

According to one personal finance site, $1.5 million will last you 40 years in 32 states. In Indiana, it lasts even longer than that.

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Age 62, 67 or 70? Here's the best time to claim Social Security.

Many Americans are taking Social Security early, but is that wise? It depends. Here's what to know when deciding when to claim Social Security.

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I’m 45 years old and I’d like to retire in 20 years — I earn $50K a year and have about $200K stashed in my 401(k). Am I on track?

Finally, there is the safe withdrawal rate, also known as the 4% rule, which says you can withdraw 4% of your retirement funds every year for 25 years before you run out or money.

Kiplinger

Debunking 6 Social Security retirement myths

This content was provided by Ameriprise Financial Services, LLC. Kiplinger is not affiliated with and does not endorse the company or products mentioned above. Collecting Social Security benefits is an important component of any retirement income ...

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$1.5 million is retirement 'magic number.' Here's how long it lasts in Ohio, Kentucky

Depending on your state, retirees can make $1.5 million in savings stretch. Here's how far it goes in Ohio and Kentucky.

Yahoo

You Can Live Well in Indiana on Just Your Social Security, If You’ve Paid Off Your Mortgage

Indiana is one of the rare states where retirees can live on Social Security alone, as long as their mortgage is paid off. Retirees in Indiana face average monthly living costs of $1,900, with housing expenses around $504 per month. Against those costs ...

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We’re in our 70s. How do we withdraw $6 million from our retirement fund without getting killed on taxes?

We are both in our mid-70s and retired. We’re collecting Social Security and pensions — meaning we can live comfortably. We are in fairly good health and keeping active. Our house is worth around $725,000 with no mortgage. We have no debt as we pay off credit bills each month.