The Latest Breaking News from Social Security

Inflation is the silent thief of retirement dreams. What once looked like a solid nest egg can quickly lose its purchasing power, leaving retirees scrambling to make ends meet. Many retirement plans are built on projections that assume slow, steady inflation or none at all.

Seven are in Florida.

For many Americans, "living the dream" includes a million-dollar retirement nest egg.  However, the reality is more sobering. According to Federal Reserve data, the median retirement savings for...

Retirement is supposed to be the reward for decades of hard work. You picture more free time, fewer worries, and maybe even a few perks you’ve been waiting for. But some of those so-called “perks” come with hidden costs that can catch you off guard. If you’re not careful, these…

We talked with a retired CPA who worked 35 years before retiring at 67. She shared exactly how she allocates her monthly Social Security payment.

Student loan debt is a problem that doesn’t just affect young people. More seniors are getting sued over student loans they never borrowed. This issue is growing, and it’s leaving many older adults confused, stressed, and sometimes even facing wage garnishment or losing part of their Social Security. If you’re…

GOBankingRates spoke with Tim to understand why he wishes he'd claimed his benefits earlier.

Social Security may run short by 2034. Experts have suggested boosting FICA taxes, raising wage cap and delaying retirement as potential remedies to shortfall.

When applying for your Social Security benefits, consider the new enhanced deduction for people age 65 and older, as well as your health, family situation and other financial issues.