Skip to Content

Money

social security benefit increase

Social Security recipients to get 1.3% cost-of-living hike; average retiree will see $20 a month

WASHINGTON, DC — Social Security beneficiaries will receive a 1.3% cost-of-living hike, with the average retiree to get a $20 increase per month. Come January 2021, the roughly 70 million people who receive Social Security will see the increase in their benefit payments, the Social Security Administration announced Tuesday. That means the average monthly check for retirees

Continue Reading

4 steps to market-proof your retirement

(BPT) – People often underestimate the financial implications that timing can have on retirement. Consider this scenario: You retire confidently with $1 million, but immediately get hit with a huge stock-market decline. “A major mistake I see people make is to assume that their investment returns will be average every year of retirement,” says Daniel

Continue Reading