Here's the Average Monthly Social Security Check Today -- and What Your Retirement Might Look Like if It's Your Only Income
As of 2022, Americans aged 65 to 74 had a median retirement savings balance of $200,000, according to the Federal Reserve. But many older Americans approach retirement with no savings at all and instead rely on Social Security to cover their senior living expenses.
This Was the Average Social Security Benefit in 1964, and Here's What It Is Now
Its average increases have seemingly kept pace with inflation, but they haven't necessarily kept up quite as well with expenses unique to seniors.
Americans Think They'll Need This Much Retirement Income on Average. Here's How to Get It.
You may not need the same monthly income in retirement as you do during your working years. Once you're retired, you may no longer have a mortgage to pay, and you won't have to cover commuting costs unless you decide to hold down a part-time job.
4 sources of retirement income besides Social Security to rely upon in 2025
Social Security checks are getting a boost next year, but if you're a retiree, you'll probably still need money from other sources to make ends meet.
3 Ways You Could Get More Social Security Benefits in 2025
Most older adults rely on Social Security to some extent in retirement. A whopping 88% of current retirees say they depend on their benefits, according to a 2024 poll from Gallup, while 60% of that group say their checks are a major source of income.
Cities in Hurricane Helene's Path Could See 10 Times Monthly Rainfall
Hurricane Helene will make landfall in Florida Thursday night and has already caused multiple inches of rain states away.
Average 2025 Medicare Advantage Premiums Revealed: Here’s How Your Wallet May Be Hit
The average Medicare Advantage monthly premium is expected to drop slightly in 2025, despite prior speculation that premiums ...
The Average American Household Spent $77,280 Last Year. Here's What They Spent It On
The 2023 Consumer Expenditure Survey is out -- and boy has it got some things to tell us about how we're spending our money.
Number of Americans Applying for Unemployment Benefits Drops to 4-Month Low
There were 218,000 jobless claims last week, a 4,000 drop from the week before, the Labor Department said on Thursday.
Americans have an average of $6,300 in credit card debt: Here's how much you'd pay monthly to clear it in 1, 2 or 3 years
The average credit card balance rose by nearly 5% in the 2nd quarter of 2024 compared to the same period last year. Here's ...
Social Security's 2025 Cost-of-Living Adjustment (COLA) Forecasts Are in Agreement -- Here's How Much the Average Check Is Expected to Rise Next Year
Social Security's smallest cost-of-living adjustment (COLA) since 2021 is liable to leave retirees wanting more.
I Spend $200 On Gas Each Month—Here’s Why The American Express Blue Cash Preferred Is My Favorite For Cash Back
Credit cards are a handy financial tool for a number of reasons, but I’ve always been interested in them for the rewards they ...
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Monthly average of 93 teachers resigning
The resignation of an average of 93 teachers per month from the Ministry of Education between January 1st and August 31st ...
Social Security: Beneficiaries who will receive a payment of $943 on Oct. 1
A new month is about to begin and the Social Security Administration is preparing a new round of checks. Some recipients will ...