Millions of Social Security beneficiaries are eagerly awaiting an expected increase in their monthly benefits to help combat inflation pressures. While the official cost of living adjustment (COLA) for 2025 has not yet been announced, many estimates suggest it could exceed 3% due to rising inflation. This adjustment is crucial for retirees, survivors, disabled individuals, … Read more
In June, Social Security payments will follow a slightly altered schedule to ensure recipients receive their benefits on time. This adjustment is essential for many who rely heavily on these payments. Why the Change in Schedule? The Social Security Administration (SSA) occasionally shifts payment dates when the first of the month falls on a weekend … Read more
The US real estate market has been a rollercoaster lately. The pandemic saw prices skyrocket in the countryside and plummet in high-cost urban areas, only to reverse soon after. Now, high inflation and mortgage rates have created new challenges for aspiring homeowners. Yet, there seems to be a glimmer of hope on the horizon. Slight … Read more
Social Security payments are one of the most uncertain certainties for retired Americans. While funding is often at risk with each new budget, there’s a glimmer of hope as experts begin to predict what Social Security payments might look like in fifteen years. Doing the Math Martha Shedden, a CFP and president of the National … Read more