Could semi-retirement be your ticket to delaying Social Security? | personal finance

(Maurie Backmann) You’ll often hear that it’s a good idea to delay your Social Security filing if you can. The reason? Once you reach Full Retirement Age (FRA), you are entitled to your full monthly pension based on your personal income history. That age is either 66, 67, or somewhere in between, depending on the … Read more

71% of Americans worry that inflation will affect their retirement. Here’s what to do if you feel the same way. | personal finance

(Maurie Backmann) Inflation has skyrocketed since the end of 2021. That’s putting a lot of pressure on consumers – especially those living paycheck to paycheck without drawing on savings. Rampant inflation has also hurt retirees. Although Social Security has received a generous cost-of-living adjustment through 2022, the recent rate of inflation already makes that increase … Read more