2014 Social Security Cost-of-Living Adjustment
Each year the Social Security Administration looks over reams of data and announces whether a benefit increase will be applied, and if so, how much, to keep recipients up with inflation — although how well that happens is up for debate.
Busted: Think You’ll Spend LESS in Retirement?
Ready to bust another retirement myth? Here’s one we hear often: “Your living expenses go down once you retire.” Certainly, there are some expenses — like commuting, lunches out and clothes for work — that will likely drop. If you’ve planned well, you may even have your home paid off by…