An interesting follow-up to last Thursday’s post regarding the fact that there would be no Cost of Living Adjustment for Social Security in 2016. In talking to many seniors, they've often lamented that whatever the government uses to calculate inflation for COLAs is a far cry from what they actually experience in real life. Perhaps even the government concedes they have a point, though the research is still in it's early stages...

It’s official – the government announced today that there will be no benefit increase next year for millions of Social Security recipients, disabled veterans and federal retirees...

Fidelity recently came out with its latest estimate for healthcare costs in retirement. After staying relatively flat between 2013 and 2014, cost estimates rose for 2015. Part of the rise was explained as due to the fact that Fidelity increased the longevity assumptions used, upping life expectancy for males by 5 years and females by 2 years...

File this under little known fact…if you borrowed money from the Federal government to help pay for your higher education and you neglected to pay it back, come retirement you may be in for a painful reminder.