Welcoem to posts!!
in the future - u will be able to do some more stuff here,,,!! like pat catgirl- i mean um yeah... for now u can only see others's posts :c
With 2/3 of the data in, it looks like the next Social Security COLA increase will be around 2.4%. For those of you who like to know the numbers behind the calculation, here are the CPI-W readings:
299.899 - July 2023
301.551 - August 2023
302.257 - September 2023
308.501 - July 2024
308.640 - August 2024
? - September 2024 (TBA October 2024)
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Which webinar topic would interest you the most?
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Of the two options, which scares you more?
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Do you think Social Security benefits should be taxed?
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šš» Get Exclusive Access to Six Unpublished Videos
There is no charge, but these videos are ONLY available to my email subscribers who specifically ask for them!
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The all new Big Picture Retirement Planning Cheat Sheet is now available! The new version has:
ā RMD ages
ā RMD amounts
ā Retirement plan limits
ā TONS of Social Security information
ā Tax thresholds
ā IRMAA thresholds
Plus a lot more...
Get your free copy at www.carrolladvisory.com/pl/2148282517
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What's your plan to address the excess-income tax trap in retirement?
This is where your RMDs exceed the amount of income you need to live on. The end result is paying taxes on income that you don't even need.
In this chart, the yellow line shows this person's living expenses. At the top of the bar chart is the income they are being forced to recognize. There's an obvious problem.
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You've been waiting on it.
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Should the Social Security Full Retirement Age (FRA) be increased? š¤
Should it be adjusted to 69 or 70 and then linked to increases in life expectancy?
Love to hear your thoughts...
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Should the Social Security Full Retirement Age be increased? š¤
Should it be adjusted to 69 or 70 and then linked to increases in life expectancy?
Love to hear your thoughts...
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Hi, Iām Devin, a financial planner who loves making retirement planning easier to understand. My goal is to help you figure out the complicated rules so you can make better decisions, get the most out of your money, and enjoy a secure retirement. I cover topics like Social Security, taxes, and investments, and Iām here to give you clear, practical advice. Subscribe for helpful tips and insights that will make planning for retirement less confusing.