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We’re in our 50s with $8 million in our portfolio – can we live exclusively off investment income before tapping our 401(k) and Social Security?
Some people got the memo early about the importance of living below their means while scrupulously saving and investing for ...
Thinking Of Retiring In Mexico? Here's What You Need To Know
Here’s an overview of things you should know to successfully retire in Mexico, the most popular expat destination for ...
Fall River woman pleads guilty to stealing Social Security benefits intended for her child
Massachusetts U.S. Attorney Leah Foley announced that a Fall River woman pleaded guilty to stealing Social Security benefits ...
Will I avoid the Social Security earnings limit by putting 85% of my income into my 401(k)?
In the years between 62 and your Full Retirement Age, or FRA, the deduction is $1 for every $2 earned above the limit. In the year you turn your FRA, it is $1 deducted for every $3 earned above the ...
Blackrock CEO Larry Fink Gave His 'Diagnosis' Of Retirement Crisis: Rely On Social Security Alone And 'You're Going To Be Living In Poverty'
BlackRock CEO Larry Fink isn't sugarcoating the problem: retirement in America is broken. In a March 2024 interview with ...
Elon Musk Dismantles USAID, Issues Social Security Warnings but Yet To Curb Congressional Insider Trading
Elon Musk's DOGE is yet to prioritise advancing laws that ban Congressional trading as politicians like Nancy Pelosi continue ...
Trump counts pennies while Social Security and Medicare burn
Scrapping the U.S. penny, as President Donald Trump has just vowed to do, would save the government enough money to pay for 0.02% of the cost of extending the 2017 tax cuts, 0.004% of the annual ...
‘Keep your hands off our Social Security,' lawmakers warn amid DOGE budget cuts
As the Trump administration seeks to make massive cuts to federal spending, certain lawmakers and advocates say Social ...
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Struggling With Your 2.5% Social Security COLA? 3 Ways to Generate More Retirement Income This Year
Social Security benefits are eligible for a cost-of-living adjustment (COLA). The purpose of COLAs is to make sure that ...
Has Congress stolen trillions from Social Security? The answer is clear as day
The answer is clear as day that Congress didn't steal from Social Security's trust funds. If you want to know what's really ...
Social Security's Max $5,108 Benefit Is Hard to Get. Here's What to Do Instead of Chasing It
A lot of people who attempt to retire on Social Security alone end up having to cut corners. In 2025, the maximum monthly benefit Social Security will pay is $5,108. To be clear, though, that's higher ...
Three Ways to Plan Now for a Social Security Shortfall Later
The outlook for Social Security is gloomy, but you can save now to protect against benefit cuts in the future. If the cuts ...