The great Charlie Munger, who died in 2023 and formerly served as Berkshire Hathaway’s vice chairman, always gave blunt financial advice to investors seeking his wisdom. One key piece of advice was to find a way to save $100,000 to invest. “The first $100,000 is a b****, but you gotta do it,” he

Believe it or not, retirees are less than six months away from finding out how much their Social Security benefits will increase next year. But you don’t have to wait to learn what the annual cost-of-living adjustment (COLA) is expected to be. The Senior Citizens League (TSCL), a nonprofit

For most Americans, Social Security isn’t a program they could make do without. In each of the previous 23 years, pollster Gallup questioned retirees about their reliance on Social Security income and discovered that 80% to 90% require their monthly check, in some capacity, to meet their expenses.

I ran into a person I know from the neighborhood last week who’s fairly new to retirement, and we got to chatting about life. I explained that I was deep in the throes of sports season and busy as ever shuttling my kids to games and practices. She shared that while things were generally going well,

Years ago, it was common for people to work for the same company for decades, retire eventually, and collect a pension that gave them guaranteed income for the rest of their lives. Those days are long gone, though, at least within the private sector. Now, pensions are a rarity, and most people who