The bulk of Social Security benefits go to retirees, but Social Security is much more than a retirement program. Most Americans are protected by the Old-Age, Survivors, and Disability Insurance (OASDI) program — the official name of Social Security — throughout their lives.
Early retirement may seem like a dream come true. However, you need to be well prepared if you want to retire early. If you’re not prepared, you might run into complications. Here are a few things to consider before retiring early that need to be addressed.
A financial plan that fails to account for inflation over time can lead us down a false path to financial freedom. Learn more about what this Money Illusion is, how it can trap us, and what we can do to avoid falling for it.
The 2025 Social Security Cost of Living Adjustment (COLA) will be 2.5%. How does that compare to previous years? Is it enough to keep seniors' purchasing power strong?
Continuing to work into traditional retirement age can be a great way to supplement income or explore a new passion, but it's not for everyone. We discuss the pros and cons of this decision.
AI is extremely popular right now, with many people claiming it can handle retiement planning better than the pros. Let's analyze those claims.