Learn how to achieve the maximum possible Social Security benefit of $4,873 per month through maximizing earnings, extending your career, and delaying your benefits.
The article discusses the financial challenges of retiring at age 62 with Social Security benefits. It highlights the reduced payment amounts, rising living costs, and alternative strategies to ensure a stable retirement.
The Social Security's 2025 Cost-of-Living Adjustment (COLA) is projected to reach a high not seen in 28 years. While this significant increase aims to address inflation, it may still fall short in alleviating the rising costs seniors face, such as healthcare and housing. The article highlights the need for reform in how COLA is calculated to better reflect the real expenses of older adults.
Navigating Social Security benefits after a divorce can be complex. This article covers essential information about eligibility, how ex-spousal benefits won't affect your ex, and the possibility of switching to your own benefits later.