Delaying Social Security increases monthly benefits by 8% for each year past full retirement age. Social Security cost of living adjustments often fail to fully match inflation, hurting retirees ...

Some retirees might consider downsizing or relocating to an area with a lower cost of living. Another option is choosing to delay claiming Social Security benefits until the age of 70, when you ...

Social Security is running out of money – and it could cost you $16,500 in benefits, every year. Here's the big picture. The Social Security Board of Trustees has confirmed the Social Security ...

work longer and delay your Social Security claim past your FRA, you’ll be on your way to locking in a fatter benefit check. Car insurance in America now costs a stunning $2,329/year on average ...

The recent average monthly benefit of $1,925 amounts to only $23,100 annually. (1994's $697 was $8,364 annually!) Social Security was never intended to fully replace your pre-retirement income.

Beneficiaries of the new Social Security Fairness Act may have to wait more than one year to receive their increased Social Security benefits. The Social Security Administration (SSA) is pointing ...

The rising cost of healthcare can be a serious drag on seniors' budgets, so it's worth paying attention to how your Medicare premiums will affect your Social Security benefits along with all the ...

While people pay into the Social Security system most of their working lives, these benefits aren't always guaranteed, and you can end up losing them in certain situations. In particular ...

Social Security retirement benefits have long been a financial lifeline ... Social Security has an annual cost-of-living adjustment (COLA) to combat inflation. It looks at the percentage change ...

If you are a current or former public sector employee or a survivor, spouse or ex-spouse of someone like that, you may receive more from Social Security as a result of new federal legislation.