Less Than Half Of Americans Are On Track To Maintain Their Current Lifestyles In Retirement, Vanguard Says

Less than half of Americans are sufficiently prepared for retirement, the Vanguard Retirement Outlook study found. Vanguard expects that this group of Americans won’t be able to maintain their current lifestyles in retirement. It serves as another reminder of how important it is to plan for your retirement early. Relying on Social Security won’t cut […]

Social Security cost-of-living adjustment for 2026: Why some retirees ‘wish it would be more’

Social Security and Supplemental Security Income beneficiaries will soon find out how much their benefit checks will increase next year. Due to the federal government shutdown, the Social Security 2026 cost-of-living adjustment announcement, initially scheduled for Oct. 15, has been postponed to Friday. Nearly 75 million beneficiaries will see the COLA reflected in their January […]

Would capping the COLA help save Social Security?

Social Security is heading toward insolvency, according to the Committee for a Responsible Federal Budget. Per its projections, the issue is expected to occur in seven years for retirement trust funds and in nine years for combined trust funds. However, a fix may be possible. Committee researchers believe enacting a cap for cost-of-living adjustments (COLA) […]

Would capping the COLA help save Social Security?

(NewsNation) — Social Security is heading toward insolvency, according to the Committee for a Responsible Federal Budget. Per its projections, the issue is expected to occur in seven years for retirement trust funds and in nine years for combined trust funds. However, a fix may be possible. Committee researchers believe enacting a cap for cost-of-living […]

New early retirement benefits soar

The increase was mainly due to early retirements due to the age flexibility, which grew 32% compared to the previous year, to 15,300, while retirements due to long-term unemployment increased only 1.9%, to nearly 9,000. According to Jornal de Negócios, this increase occurred after the government’s 2023 decision to maintain the retirement age at 66 […]