Senior Citizens League predicts 2.7% COLA increase to Social Security payments for 2026 — here’s how much more that may mean for the average retiree
There’s some major news dropping in October, barring government shutdown delays (1), that affects nearly every retiree across America: the announcement of the 2026 Social Security cost-of-living adjustment (COLA). The Senior Citizens League (TSCL) is predicting a 2.7% boost (2), but that number isn’t locked in just yet. Must Read Thanks to Jeff Bezos, you […]
‘Mr. Buffett, how can I make $30 billion?’: Warren Buffett once explained how he’d turn $10,000 into a huge fortune if he were a new investor — here are his 3 simple strategies
We adhere to strict standards of editorial integrity to help you make decisions with confidence. Some or all links contained within this article are paid links. A year after markets adjusted to a series of Bank of Canada rate cuts and renewed investor optimism, Warren Buffett’s advice on patience, simplicity, and consistency feels more relevant […]
My parents have had to borrow $100K in the last 2 years to stay afloat. They’re only in their 50s and I’m scared bankruptcy is next. What can I do?
Usually, it’s parents who wonder about their kids’ financial stability as they begin navigating adulthood. But what if you’re 23 and worried about your 50-something parents because they’re deep in debt? You may be concerned if your parents, in their early 50s, had borrowed more than $100,000 in the past two years. This especially holds […]
Credit scores just plunged at fastest pace since Great Recession as Americans continue to struggle — how does your FICO compare to the new average?
Credit scores are down, delinquencies are up and Gen Z is suffering the most from the credit crunch. These are some of the main takeaways from the recently released FICO Score Credit Insights report, which showed the average American credit score took a 2-point nosedive in 2025 — the biggest downward trend in more than […]
Warren Buffett, Charlie Munger were once asked if Social Security is a ‘government-sponsored Ponzi scheme’. How to ensure your retirement is secure
This article adheres to strict editorial standards. Some or all links may be monetized. Social Security has long been a subject of intense discussion in America, but investing legend Warren Buffett’s position on the issue is unmistakably clear. During Buffett’s company, Berkshire Hathaway’s, annual shareholders meeting in 2005, an audience member posed a blunt question: […]
Boomer’s remorse: Here are the top 5 big ticket purchases you’ll (probably) regret in retirement and how to better prepare for them
This article adheres to strict editorial standards. Some or all links may be monetized. One surprise that hits retirees in their first few years is that even without the costs of working and contributing to retirement accounts, they end up spending more than when they held down a job. Some financial planners cite three retirement […]
Canadian small businesses pay 20% more tax than U.S. competitors, CFIB warns
Canadian micro and small businesses are paying significantly more in taxes than their U.S. counterparts, according to new research from the Canadian Federation of Independent Business (CFIB). According to the report, a firm with four employees in Canada pays, on average, 20% more in taxes than one of the same size in the United States. […]
Navajo elder lived in dirt-floor shack with no electricity for 77 years — now she’s finally getting a real house. How her dream came true in her 80s
For most of her life, Victoria Benally has lived in a one-room shack with dirt floors, a leaking roof and walls patched with blankets and plastic. Up until three years ago, the home had no electricity. Must Read Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and […]
Retailers are betting against a seasonal ‘surge’ this year, with holiday hiring expected to drop to a 16-year low — why that’s so troubling
For years, the holiday season has been a lifeline for retailers and workers seeking extra income before year’s end. In 2025, that safety net may be disappearing. A new report from job placement firm Challenger, Gray & Christmas shows that seasonal retail hiring is expected to fall to its lowest level since 2009. (1) Employers […]
I just got a letter from Social Security claiming I was overpaid $3,000 in survivor benefits — but I’ve never even received a penny. What do I do now?
When you are told you overpaid Social Security benefits, you have an obligation to pay back the money. This can be really frustrating, especially if you didn’t recall receiving any money in the first place. Must Read Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, […]