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The Medicare and Social Security trust funds are lurching toward insolvency. Social Security is projected to cover only 81% of benefits by 2034 and Medicare just 89% by 2033.
Listen and subscribe to Decoding Retirement on Apple Podcasts, Spotify, or wherever you find your favorite podcasts. Those nearing or in retirement face a number of considerations in planning for ...
The average retired worker benefit in May 2025 hit $2,002.39, according to the Social Security Administration.
Shaken by the unpredictability of the Trump administration and other factors, some are claiming their benefits earlier than ...
Most people won't, but it's at least worth knowing how to get yourself closer to this number.
The Social Security Administration (SSA) has officially increased the Full Retirement Age (FRA) for beneficiaries from 65 to ...
I contribute 15% to my 401(k), which is currently valued at $165,000. I also rolled over an old 401(k) with $125,000.” ...
The Social Security trust fund will become unable to pay scheduled benefits to retirees and the disabled as soon as 2034, new ...
The trust funds for Social Security and Medicare will run out of money in less than a decade, according to a report released ...
The Social Security shortfall date just moved a little bit nearer. New federal projections, released on June 18, show that ...
The annual report forecasts the date when the trust funds will run out of money, triggering sharp automatic cuts in benefits.