What the Typical Social Security Benefit Will Be for Retirees in 2026
Social Security benefits depend on your past and current income, as well as the age at which you begin receiving them. The cost of living adjustment in 2026 is set to increase benefits by 2.8%. In 2026, an average retired worker will see more than $2,000 in Social Security benefits. The monthly average benefit for […]
The surprising advancement for many retirees in Canada is arriving sooner than anticipated.
December Government Pension Payments for Canadian Seniors As 2025 comes to a close, numerous seniors in Canada are eagerly awaiting their next government pension deposit. The federal government has announced that payments for the Canada Pension Plan (CPP) and Old Age Security (OAS) benefits will be issued earlier than typical this December, specifically on December […]
The Fed’s December Rate Cut Could Surprise Social Security Retirees with a COLA Adjustment
The Federal Reserve reduced interest rates by 0.25% in December 2025, with a 9-3 vote, indicating that further cuts might not be immediate. Initial estimates suggest that Social Security cost-of-living adjustments (COLAs) in 2027 could range between 2.3% and 2.6%. A 2.3% COLA would mark the smallest increase since 2020. If you’re contemplating retirement or […]
Retirees Prefer AMLP to Standard Dividend Funds for a Simple Reason: Twice the Income
AMLP’s Yield and Performance Insights AMLP, the Alerian MLP ETF, offers an impressive yield of 8.29% while conventional dividend stocks often struggle to reach 4%, and the S&P 500 hovers just above 1%. This ETF gives investors focused on income a chance to tap into master limited partnerships (MLPs) that handle key energy infrastructure across […]
This tax strategy is among the IRS’ best-kept secrets for retirees. Why do 90% of retired Americans overlook it?
Maximizing Charitable Giving for Retirees The holiday season often inspires retirees to give back generously, and there’s a useful IRS-approved method that could make this even more effective. Qualified Charitable Distributions (QCDs) allow individuals to donate directly from their IRA, which can lower their tax bills while supporting chosen charities. This method is described by […]
Only one out of ten retirees continues to work.
Greece’s Labor Market Struggles with Aging Population Greece is grappling with significant challenges related to its aging population, yet it’s not fully leveraging either its younger or older workforce like other developed nations do. Youth unemployment in Greece hovers around 20%, while a mere 10% of retirees choose to remain in the workforce. Interestingly, the […]
An advisor for affluent early retirees shares his views on why he believes 401ks are like a ‘money prison.’
Rethinking Retirement: A New Approach to Financial Independence Austin Dean, despite his numerous certifications as a financial advisor, found himself dissatisfied with conventional teachings, particularly regarding retirement savings. In his early 20s, he had a keen interest in achieving financial independence, and the notion of “locking away” savings until age 59 and a half struck […]
Changes to Social Security in 2026: Essential information for retirees.
Social Security: A Vital Resource for Older Americans For countless older Americans, Social Security provides essential financial support. This program serves as the country’s largest safety net, disbursing monthly benefits to around 74 million individuals. Conversations with numerous seniors reveal a troubling picture: many are just getting by without retirement funds, while some in their […]
Ed Slott: Essential Information for Retirees on Required Minimum Distributions
Important points While many opt to take their required minimum distributions (RMDs) at the year’s end, those engaging in qualified charitable distributions might find it beneficial to do it differently. First-time RMD takers can wait until April 1 of the following year, but delaying beyond that could lead to having to take two distributions in […]
December 2025 and January 2026 Social Security payments: When to expect yours with a 2.8% cost-of-living increase for retirees
Social Security Payments for December 2025 December’s Social Security payments will follow the usual schedule, marking the last payment before the new Cost of Living Adjustment (COLA) takes effect. According to the Social Security Administration (SSA), those whose birthdays fall between the 1st and 10th will receive their payment on the second Wednesday of December, […]