Social Security announces cost-of-living adjustment for 2027
The Social Security Administration announced new the new cost-of-living adjustment after the latest consumer inflation data was released on Wednesday.
BlackRock expands skilled trades push with new financial wellness partnership for 75,000 apprentices
SaverLife and BlackRock launched a financial wellness app offering cash incentives and savings tools to over 75,000 skilled trades apprentices.
The American dream now costs $5.3M as homeownership, college costs surge
Homeownership costs surged 7.7% as the lifetime price of the American dream hit $5.32 million, far outpacing private sector wages and salaries.
Americans' retirement savings grow as more families participate in plans
Federal Reserve data shows retirement account balances jumped 11% to a median $106,000 as 401(k) and IRA enrollment hit 54.9% of U.S. families.
Social Security recipients may get bigger benefit boost in 2027
The 2027 Social Security COLA estimates range from 3.4% to 3.6%, topping the 2.8% increase for 2026, with September CPI inflation data still to come.
Americans' average 401(k) balance reaches record high, Fidelity data shows
As 401(k) balances hit record highs, Jade Warshaw told FOX Business that steady investing — rather than trying to time the market — is the key to long-term wealth.
'The Ramsey Show' co-host shares how to save $1,000 in 30 days
'The Ramsey Show' co-host Jade Warshaw says most people can save $1,000 in 30 days by slashing spending, boosting income and making short-term sacrifices.
Retirees are pouring into this coastal getaway, and it's feeling the strain
Sussex County, Delaware, saw 40,000 new residents since 2020, with retirees drawn by low property taxes and no sales tax straining healthcare and schools.
Retirement plans may be sharing or selling Americans' personal data, watchdog warns
A Government Accountability Office report found 17 of 31 retirement plan service providers surveyed don't limit their ability to sell data to data brokers.
New Social Security COLA estimates released after fresh inflation data
Social Security 2027 COLA estimates range from 3.2% to 3.6% after July CPI inflation data showed consumer prices rose 3.4% from a year ago.
Most Americans still trust financial advisors over AI tools for major money decisions, study finds
About 18% of Americans now use AI tools like ChatGPT for financial guidance, but confidence remains low compared to human financial advisors.
One type of Social Security adjustment could cut the 75-year shortfall in half
A flat-rate COLA proposal could close 50% of Social Security's 75-year fiscal shortfall, but the cost of waiting since 1987 has been enormous.
Fidelity estimates retirees will spend $185,500 on healthcare and medical expenses in retirement
Fidelity's 2026 estimate shows a 65-year-old retiree may face $185,500 in medical expenses despite Medicare coverage, a 7.5% jump from last year.
New bipartisan plan seeks to prevent Social Security benefit cuts before trust fund depletion
The bipartisan PROMISE Act forces a floor vote on Social Security reform before the trust fund's 2032 depletion triggers a 22% cut to Americans' benefits.
Trump looking 'very strongly' at Australia-style retirement system: 'Taking that, making it sharper'
President Donald Trump says his administration is studying superannuation, a mandatory program requiring employers to contribute 12% into retirement accounts.
Why claiming Social Security early out of fear that the program will run dry is 'bad advice,' Suze Orman says
Suze Orman warns against viral advice to claim Social Security at 62, saying it locks retirees into a permanent 30% penalty they cannot undo.
Americans’ 401(k) balances hit record levels in 2025
Americans increased their median 401k account balances by 27 percent through 2025 as automatic employer enrollment expanded plan participation nationwide.
ETF assets are surging. Here's how they differ from mutual funds
ETFs and mutual funds differ in trading flexibility, tax efficiency, and management style. Learn how each investment type can fit your portfolio.
Beware the ticking time bomb hiding in your 401(k)
401(k) savers face a major financial risk from required minimum distributions that could push them into higher tax brackets and increase Medicare premiums in retirement.
Most 401(k) savers may be short-changing themselves, data shows
Target date funds make 401(k) investing easy, but their one-size-fits-most design could leave retirement savings underfunded due to limited growth and higher fees.