Social Security’s cost of living adjustment (COLA) changes after the Fed cut rates again

Social Security’s cost of living adjustment (COLA) changes after the Fed cut rates again

COLA 2026 was announced at 2.8% in October 2025. Fed projections suggest a potential COLA for 2027 in the range of 2.3% to 2.6% if CPI is slightly above PCE. Retirees who rely on interest income from CDs and savings accounts have seen their earnings drop after recent rate cuts. If you’re thinking about retiring … Read more

At 60 I have nothing for retirement and no plan other than Social Security. Now that I’ve been fired, how can I survive?

At 60 I have nothing for retirement and no plan other than Social Security. Now that I’ve been fired, how can I survive?

GroundPicture/Envato Moneywise and Yahoo Finance LLC may earn commission or revenue by linking to the content below. What do you do when you turn 60 and haven’t saved much, if anything, for retirement? Imagine Ryan, a single man from Little Rock, Ark., finding himself in this situation shortly after losing his job during a company … Read more

Here’s the maximum possible Social Security benefit for retirees ages 62 to 85 in 2026

Here’s the maximum possible Social Security benefit for retirees ages 62 to 85 in 2026

The year you were born has a big impact on how much you can get in Social Security benefits. If you want to maximize the benefits, you need to work at a high-paying job, but there is one important detail that makes it impractical for most. Understanding how continuing to work will affect your benefits … Read more