My wife and I are 61. We have $2.2 million and expect $5,000 in Social Security benefits. Do we claim early?
“We need our assets and income to support us for the next 25 years.”
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Social Security’s COLA could be 4.7% in 2027 as inflation hits the highest level in 3 years
A total of 44% of older Americans depend on Social Security for all of their income, according to the Senior Citizens League.
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The true national debt just hit $1 million per U.S. household
The effective U.S. national debt just crashed through $100 trillion for the first time in history, and now stands at an extraordinary 400% of annual gross domestic product — but almost nobody seems to care.
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Millions of grandparents are spending their retirements raising their grandkids — and it’s taking a financial toll
Grandparent-headed households are more likely to live in poverty.
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Social Security benefits and costs are perfectly reasonable — no case exists for massive cuts
It might be nice to reduce the large share of benefits going to high earners who retire later and live long lives.
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