Social Security checks could be cut by $500 a month in 2032, report finds: Beneficiaries would continue receiving payments if Social Security’s trust fund is depleted, but checks could shrink by about 24%, according to a new report. #SocialSecurity #Retirement #FinancialPlanning #EconomicNews #BenefitCuts

https://umlegacypressqsefc.com/2026/06/03/social-security-checks-could-be-cut-by-500-a-month-in-2032-report-finds-beneficiaries-would-continue-receiving-payments-if-social-securitys-trust-fund-is-depleted-but-checks-could-shrink-by-abou/?utm_source=mastodon&utm_medium=jetpack_social

Social Security checks could be cut by $500 a month in 2032, report finds: Beneficiaries would continue receiving payments if Social Security’s trust fund is depleted, but checks could shrink by about 24%, according to a new report. #SocialSecurity #Retirement #FinancialPlanning #EconomicNews #BenefitCuts

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umlegacypress

Three quarters of workers not on track for 'moderate' pension income, report suggests

https://www.bbc.com/news/articles/c3928m30v89o?at_medium=RSS&at_campaign=rss

#Finance #Economy #Retirement

Three-quarters of workers not on track for 'moderate' pension income, report suggests

A newly-published report suggests a moderate lifestyle in retirement costs £32,700 for one person and £45,400 for two.

I hit the dreaded 65 next month. Reading up on Medicare (all parts, 'cause I don't know) and Social Security, getting ready to apply.

As a military retiree, I haven't had to worry much about health insurance, though I do have to purchase private dental and vision insurance.

#Retirement #Aging #Medicare #SocialSecurity

Does anyone have any book recommendations for retirement that are not solely focused on the financial side of retirement?

#books
#retirement

Small ETF Fees matter more Near Findependence - Financial Independence Hub

By Callum Melville, WealthRadiant.com Special to Financial Independence Hub Most Canadian ETF investors already know that fees matter. The harder question is how much attention they deserve. Early in the Accumulation years, the honest answer is often less than people think. If someone has a $15,000 portfolio and is still building the habit of investing […]

Financial Independence Hub

Back from a nice and fun walk and play in the park.

Mellie has a bad stomach and needs to go out every 2h or so.
But we make the best of it and enjoy our time in the park while I listen to an audiobook.

#france #mellie #Retirement

Nearly one million pensioners could be missing out on £4,300 income boost

https://fed.brid.gy/r/https://www.dailyrecord.co.uk/lifestyle/money/pension-credit-boost-older-people-37229975

Using AI for retirement investment advice? It can be risky, experts caution
While AI can be 'a great way for investors to gain more general knowledge,' being overly reliant on it can be risky because AI 'may not know the full picture,' one expert said.
#Canada #Consumer #Economy #Money
https://globalnews.ca/news/11876684/ai-retirement-investment-advice-risky/
Using AI for retirement investment advice? It can be risky, experts caution
While AI can be 'a great way for investors to gain more general knowledge,' being overly reliant on it can be risky because AI 'may not know the full picture,' one expert said.
#Canada #Consumer #Economy #Money
https://globalnews.ca/news/11876684/ai-retirement-investment-advice-risky/