Key Points Don't take withdrawals without a plan. Don't unload too much risk. Don't forget about the importance of cash. The $23,760 Social Security bonus most retirees completely overlook › If you're gearing up to retire in 2026, you may be spending the next few months counting down happily in your head. Hopefully, though, you'll be doing a lot of financial planning as well. It's important to decide when to claim Social Security ahead of retirement so you choose the filing age that works for yo ...

Vermont independent Senator Bernie Sanders serves as a ranking member of the Health, Education, Labor, and Pensions Committee, and he joins me now. Do you think this is going to work. I guess is my first question.I mean, I feel like I've watched uh politicians try to tell people to try to message their way out of economic problems before, and as far as I can tell, it does not have a great record. >> Hey Chris, what I want to know, are kids actually buying pencils at all. let alone $37 for a beautiful little ...

Republican congressional leaders are considering a Medicare pay cut for hospitals as GOP lawmakers try to come up with a counterproposal to Democrats’ demands to renew Obamacare subsidies, Steve Scalise said. https://t.co/pIYDErYStm ...

Core Insights - Retirement planning can be undermined by misconceptions that lead to significant financial losses over time [2] Group 1: Social Security Misconceptions - Claiming Social Security benefits early at age 62 can lock retirees into lower monthly benefits for life, with full retirement age being 67 for those born in 1960 or later [3] - Earning above the income limit while receiving Social Security can result in benefits being stopped, potentially costing retirees between $120,000 and $300,000 over their lifetime [4] Group 2: Withdrawal Strategies - The "4% rule" is a rough estimate and not a strict guideline; retirees should adjust withdrawals based on inflation and market conditions to maintain purchasing power [5] Group 3: Fee Structures in Retirement Plans - Not all retirement plans have the same fee structures; some mutual funds may charge fees of 1% or more, while most 401(k) plans charge around 0.5%, leading to significant differences in long-term investment returns [6]

Core Points - Social Security is a crucial financial support system for nearly 74 million older Americans, with many relying on it for their daily expenses [1][2] - The program is primarily funded through payroll taxes, and qualification rules will remain unchanged in 2026 [2][3] - Beneficiaries can expect an increase in monthly payments due to a 2.8% cost-of-living adjustment, translating to approximately $60 more per month in 2026 [6][7] Eligibility and Benefits - Individuals must be at least 62 years old to enroll, with full benefits available at ages 66 or 67, depending on birth year [3][4] - Monthly benefits typically range from $800 to $3,000, influenced by income and filing age [4][5] - Supplemental Social Security is available for low-income individuals earning less than $2,000 a month, while Social Security Disability provides support for those unable to work due to disability [5] Cost-of-Living Adjustments - The 2.8% increase in benefits for 2026 is based on inflation data from the third quarter, reflecting a trend of adjustments tied to the consumer price index [6][8] - Previous years saw higher percentage increases during the pandemic, but adjustments have stabilized around 2% to 3% since 2023 [8]

Drastically curbing immigration will shrink the working-age population and drain funding from Social Security and Medicare, writes @RonBrownstein (via @opinion) https://t.co/DTE6OnP8R7 ...

The U.S. has some of the highest elder care costs in the world and Medicare won’t cover them all. Discover ways to plan for the care of those you love as they age. https://t.co/5Y04YfYhXH ...

Key Points At 67, you'll be eligible for your Social Security benefits without a reduction. You may want to hold off on filing, depending on your situation. You may need to sign up for Medicare if you didn't do so already. The $23,760 Social Security bonus most retirees completely overlook › At a certain age, it pays to acknowledge and celebrate each birthday that arrives. And you may be excited about turning 67 not just because you've enjoyed another year around the sun, but because your 67th bi ...

Key Points Age 62 is pretty significant in the context of your retirement. Though you can tap your retirement savings and claim Social Security, holding off could work to your benefit. You're also too young for Medicare, so that's something to consider if you're looking to retire soon. The $23,760 Social Security bonus most retirees completely overlook › Turning 62 may not seem like such a big deal to you. And if you had a big celebration for your 60th birthday, you may be inclined to do somethin ...

Pharmaceutical Industry & Policy Change - U_S government negotiated lower prices for Ozempic and 14 other popular prescription drugs under Medicare [1] - This negotiation will result in lower costs for these drugs for Medicare beneficiaries [1]