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From MarketWatch:
Can Social Security keep pace with high inflation? Maybe not, but you can still fight back: Social Security beneficiaries saw a big jump in their checks thanks to inflation, but that increase might not have been enough.
Social Security is facing big trouble. You can try to fix it from your couch: A new app lets you see a list of options to fix and improve Social Security.
Did you think a will, a trust and power of attorney were enough? Add this one more thing to your estate plan: Regardless your age, it’s always important to have a plan in place.
Also on MarketWatch:
How to invest your IRA contribution: 3 strategies to fit your mind-set in a turbulent market
Interest rates at banks are an insult
One Social Security fix that should be on the table
‘We do not do the end of life well’ in America: How hospice can help ease the last days
You never know what might crash your retirement. How to create a ‘Plan B.’
If your last-minute IRA contributions are still sitting in cash, it could be costing you thousands of dollars
What you need to know now about Secure 2.0
This type of annuity is ‘flying off the shelves.’ Here are 5 important things to know before you buy one.
More in retirement news:
France’s Macron risks his government to raise retirement age (AP News)
Senators propose raising US commercial pilots mandatory retirement age (Reuters)
Biden issues his first veto on retirement investment resolution (CNN)
Soccer star Ali Krieger announces retirement from professional soccer (CBS News)
‘I did not … retire’: Dale Lindsey, 80, says he was ‘shown the door’ by USD after 10 seasons (The San Diego Union-Tribune)
Research and Insight:
Are You on Track for Retirement? Here’s How Much People in Your Generation Are Saving Now (Nasdaq)
Health Care and Living Costs Among Top Concerns for Retirement Savers (401k Specialist)
Texas is among the most expensive states to retire, according to a new ranking (Houston Chronicle)
Nearly seven in 10 investors say they may continue working in retirement (Nationwide)
The Average 401(k) Balance by Age (Investopedia)
Remote work didn’t recede with pandemic (Center for Retirement Research at Boston College)
To share with your family, friends and clients:
The best place to retire is deeply personal — but this new measurement may help narrow it down.
The racial, ethnic and gender retirement gaps: How do we close them?
French President Macron is setting an example: Raising the retirement age could solve financial and demographic problems, even if workers hate the idea
Baby boomers, now outnumbered by millennials, see a shift in generational power
How to find your calling and construct an ideal retirementHow some retirees are making extra income with short-term rentals
