Seniors calling for Social Security catchup payments as latest COLA forecast isn’t encouraging

The $100,000 Retiree Club Is Growing Way Too Fast In Illinois – RealClear Markets

Brad Weisenstein, of the Illinois Policy Institute: "A decade ago, there were over 12,000 retirees getting at least that amount in retirement income. Now, there are nearly 32,000 in the $100k club. An extra 20,000 government retirees making that much is a sign Illinois’ public pension systems are out of control. Plus, there are many more state retirees getting close to that benchmark: the state’s 239,384 pensioners now average $93,558."

Advisors Warn Early Social Security Claims May Cost Retirees Thousands

Recent surveys show that a substantial portion of Americans are unaware of key elements of the Social Security system. According to a study by T. …

Social Security recipients urged to remember 'clause' with '2.7%' COLA estimate

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Seniors calling for Social Security catchup payments as latest COLA forecast isn’t encouraging

Seniors who depend on Social Security are calling for catchup payments on the heels of the latest forecast for the annual cost-of-living-adjustment. On Tuesday, the nonpartisan senior advocacy group The Senior Citizens League released its latest 2026 COLA forecast, which anticipates a 2.6% increase.

Inflation Is Outpacing Social Security’s Smallest COLA in 5 Years

Key Points Social Security benefits have not been keeping pace with inflation. May’s CPI data shows the 2025 COLA is helping retirees retain their buying power. The most relevant CPI index, however, shows retirees are still falling behind. Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with a financial advisor in minutes to help you answer that today. Each advisor has been carefully vetted, and must act in your …

Rethinking Social Security Options at Age 62

Here’s my analysis on why I am taking Social Security at 62. I explore the mathematical basis behind lower monthly payouts, examine the impact of continued employment on benefits, and highlight concerns about the future of Social Security. The insights are derived from my experience as a financial planner and my thorough review of government data. Understanding The Early Social Security Decision When planning for retirement, many factors play a …