Four Financial Red Flags Proving You’re Not Ready To Retire at 62

Four Financial Red Flags Proving You’re Not Ready To Retire at 62 In 1991, the average American reported retiring at 57; in 2024, the average reported retirement age was 61. It was also reported that the target retirement age among those who aren’t retired went up from 60 in 1995 to 65 in 2024. So, … Read more

COLA’s Rollercoaster Ride: 2024 Predictions Leave Millions in Suspense

As inflation trends stabilize, predictions indicate that the rise in Social Security benefits in 2024 might not be as significant as the previous year. Current forecasts by the Senior Citizens League, a nonpartisan advocacy group, suggest a potential cost of living adjustment (COLA) of around 3%. This starkly contrasts the 8.7% increase witnessed in 2024, … Read more