Pensions and retirement news covering 401(k), Social Security, public pensions, retirement savings policy, and defined benefit plans.
This commentary argues that Social Security insolvency would disproportionately affect retirees in certain US states, with Connecticut, New Jersey, and New Hampshire facing the steepest benefit cuts. It contends that the system's funding crisis stems from a declining worker-to-retiree ratio and increased longevity, and suggests potential policy solutions such as tax increases or raising the retirement age.
This commentary argues that retirees face significant unplanned expenses that can deplete savings faster than anticipated. Citing a Boston College study, it contends that 83% of retired households encounter surprise costs averaging 10% of annual income, and warns that many lack sufficient cash reserves to absorb these financial shocks.
This article reports on the June 2026 Social Security payment schedule and provides information on benefit amounts and COLA projections. It notes that early estimates suggest the 2027 COLA could be higher than the current year's adjustment due to rising inflation, particularly from energy prices amid the Iran conflict.
This commentary examines the role of covered-call ETFs in retirement income strategies, presenting both proponents' and critics' views. It argues that while these funds offer high monthly distributions, they may underperform over the long term due to capped upside and higher fees, urging investors to look beyond marketing hype.