Social Security recipients will receive the largest annual raise in Social Security benefits in seven years when their monthly checks increase by 2.8% in early 2019. The Social Security Administration announced the increase after the October release of consumer price index data for September. The 2.8% increase represents the largest Social Security COLA increase since the 3.6% increase for 2012. …
The Insured Retirement Institute recently released the “Eighth Annual Update on the Retirement Preparedness of the Boomer Generation” and the report provides some interesting insights into baby boomers’ expectations and preparedness for retirement. While the insight from the survey provides a valuable look into the mindset baby boomers preparing for retirement, it should be noted that the Insured Retirement Institute…
Christmas is just around the corner, and the end of the year is not far behind. It seems like time is at a premium this time of the year with last minute shopping and preparations for holiday celebrations. But spending a few minutes making sure your financial affairs are in order before the end of the year may save you…
