Are you an American pensioner?

Madman Trump has devalued your currency


Early forecasts for the Social Security cost‑of‑living adjustment (COLA) in 2027 are rising, driven by a surge in inflation and soaring energy prices, according to new estimates.

This comes after the United States and Israel launched unprovoked ed strikes on Iran on February 28.

The disruption has pushed Brent crude oil prices up by more than 50 percent since the start of March, and now COLA could be 3.2 percent in 2027, up from a 1.7 percent forecast in March and a 1.2 percent estimate the month before.

Data shows a clear weakening of the dollar over the past 30 days.
 
Mahmoud Ahmadinejad said:
Madman Trump has devalued your currency


Early forecasts for the Social Security cost‑of‑living adjustment (COLA) in 2027 are rising, driven by a surge in inflation and soaring energy prices, according to new estimates.

This comes after the United States and Israel launched unprovoked ed strikes on Iran on February 28.

The disruption has pushed Brent crude oil prices up by more than 50 percent since the start of March, and now COLA could be 3.2 percent in 2027, up from a 1.7 percent forecast in March and a 1.2 percent estimate the month before.

Data shows a clear weakening of the dollar over the past 30 days.
Click to expand...
I don't need SS. It's just lagniappe for me.
I made excellent choices in my life.
 

90% of Americans plan to skip the No. 1 piece of Social Security advice​


Nine in 10 working Americans say they will be forced to ignore one of the most common pieces of financial advice about Social Security: waiting until age 70 to claim benefits, which ensures higher monthly payments, according to a new study from investment firm Schroders.

Social Security allows employees to claim their benefits as soon as they turn 62, years before the so-called "full retirement age," which now stands at 67.

But claiming Social Security early has a tradeoff — it lowers your monthly payment by about 30%, with those lower benefits locked in for the rest of your life.

Many retirees are facing a shortfall in their own retirement savings, a financial gap that's been well documented as a growing share of Americans live paycheck to paycheck. Many workers "need the income generated by Social Security to meet their expenses immediately upon retiring.

There's another reason why many Americans plan on claiming their Social Security benefits before reaching full retirement age. That's due to concerns about the future of Social Security, which is fueling fears that the money may not be there if they wait.

A recent analysis from Goldman Sachs found three-quarters of younger working Americans say they're struggling to save for retirement because basic expenses such as housing are eating up a bigger share of their income compared with prior generations.


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Mahmoud Ahmadinejad said:

90% of Americans plan to skip the No. 1 piece of Social Security advice​


Nine in 10 working Americans say they will be forced to ignore one of the most common pieces of financial advice about Social Security: waiting until age 70 to claim benefits, which ensures higher monthly payments, according to a new study from investment firm Schroders.

Social Security allows employees to claim their benefits as soon as they turn 62, years before the so-called "full retirement age," which now stands at 67.

But claiming Social Security early has a tradeoff — it lowers your monthly payment by about 30%, with those lower benefits locked in for the rest of your life.

Many retirees are facing a shortfall in their own retirement savings, a financial gap that's been well documented as a growing share of Americans live paycheck to paycheck. Many workers "need the income generated by Social Security to meet their expenses immediately upon retiring.

There's another reason why many Americans plan on claiming their Social Security benefits before reaching full retirement age. That's due to concerns about the future of Social Security, which is fueling fears that the money may not be there if they wait.

A recent analysis from Goldman Sachs found three-quarters of younger working Americans say they're struggling to save for retirement because basic expenses such as housing are eating up a bigger share of their income compared with prior generations.


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Click to expand...
Are you in America, Iran or somewhere else ?
 
Moosakofsky said:
I don't need SS. It's just lagniappe for me.
I made excellent choices in my life.
Click to expand...

Doubtful. Intelligence dossier notes indicate that you were stripped of your professional credentials by the authorities and forced to pay substantial sums to victims after acts of sexual degeneracy with your patients were reported.
 
Mahmoud Ahmadinejad said:
Doubtful. Intelligence dossier notes indicate that you were stripped of your professional credentials by the authorities and forced to pay substantial sums to victims after acts of sexual degeneracy with your patients were reported.
Click to expand...
You been hangin' aroun wid Drunkle Thinskin I see. Or are you his sock?
Do better.
 
Mahmoud Ahmadinejad said:
The records are in the public domain in the US. You are a degenerate, and likely a foresworn liar, according to court documents.
Click to expand...
FYI:
It's customary in the U.S. to bathe or shower at least once every two days. Most everybody showers daily.
Personally I shower first thing in the morning and again after activity like golf, swimming, running or cycling.
Iranians' lack of personal hygiene is considered highly offensive in the U.S.
 
Moosakofsky said:
FYI:
It's customary in the U.S. to bathe or shower at least once every two days. Most everybody showers daily.
Personally I shower first thing in the morning and again after activity like golf, swimming, running or cycling.
Iranians' lack of personal hygiene is considered highly offensive in the U.S.
Click to expand...
They shower once a month if they need it or not, they don't want to waste water, LOL.
 
Mahmoud Ahmadinejad said:

90% of Americans plan to skip the No. 1 piece of Social Security advice​


Nine in 10 working Americans say they will be forced to ignore one of the most common pieces of financial advice about Social Security: waiting until age 70 to claim benefits, which ensures higher monthly payments, according to a new study from investment firm Schroders.

Social Security allows employees to claim their benefits as soon as they turn 62, years before the so-called "full retirement age," which now stands at 67.

But claiming Social Security early has a tradeoff — it lowers your monthly payment by about 30%, with those lower benefits locked in for the rest of your life.

Many retirees are facing a shortfall in their own retirement savings, a financial gap that's been well documented as a growing share of Americans live paycheck to paycheck. Many workers "need the income generated by Social Security to meet their expenses immediately upon retiring.

There's another reason why many Americans plan on claiming their Social Security benefits before reaching full retirement age. That's due to concerns about the future of Social Security, which is fueling fears that the money may not be there if they wait.

A recent analysis from Goldman Sachs found three-quarters of younger working Americans say they're struggling to save for retirement because basic expenses such as housing are eating up a bigger share of their income compared with prior generations.


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Click to expand...
The math of waiting doesn't math Omar. It's about other factors.

The main reason to wait isn't larger lifetime benefit total it's because until you reach what is your full retirement age (not 70) you are penalized for working. Also many who work until 65 instead of collecting at 62 do to this and to keep their group health insurance until 65 when they are eligible for medicare.

From a strictly mathematical standpoint if you wait until 70 to start collecting instead of 62 the "break even" is around 81 years old. So you're also gambling somewhat on longevity. Factors like whether you are single or married can also effect the correct decision.

My dad told me when I was 20 not to save for retirement because the "system" would crash long before that. I didn't heed his advice. He lived in poverty as an old man even though his lifetime earnings were greater than mine. I'm retirement age and quite comfortable thank you very much. The sky is always falling if your glass is half empty.

No go check on your goat. He has needs too.

You should learn sheep shit from shinola before posting Omar
 
Mahmoud Ahmadinejad said:
Madman Trump has devalued your currency


Early forecasts for the Social Security cost‑of‑living adjustment (COLA) in 2027 are rising, driven by a surge in inflation and soaring energy prices, according to new estimates.

This comes after the United States and Israel launched unprovoked ed strikes on Iran on February 28.

The disruption has pushed Brent crude oil prices up by more than 50 percent since the start of March, and now COLA could be 3.2 percent in 2027, up from a 1.7 percent forecast in March and a 1.2 percent estimate the month before.

Data shows a clear weakening of the dollar over the past 30 days.
Click to expand...
If someone is STUPID enough to have nothing but social security for their retirement, that's on them. They wasted their lifetime working and not saving a penny on their own for retirement. That isn't my fault, that's theirs. They can whine all they want and if they do it to me I'll tell them it's their fucking fault for being STUPID.
 
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