Posts Tagged “retirement”

WalletHub: Best and worst states for retirement

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WalletHub: Best and worst states for retirement

WalletHub: Best and worst states for retirement A new report from WalletHub.com ranks Illinois at only 28 in terms of the best states for individuals to retire. The number one state is Florida, followed by South Dakota, Colorado, New Hampshire and Virginia. The survey measures a range of benefits including taxes, home service costs, senior…

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Social Security to increase slightly over 2018

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Social Security to increase slightly over 2018

Social Security to increase slightly over 2018 Social Security Announces 2.8 Percent Benefit Increase for 2019 Social Security and Supplemental Security Income (SSI) benefits for more than 67 million Americans will increase 2.8 percent in 2019, the Social Security Administration announced today. The 2.8 percent cost-of-living adjustment (COLA) will begin with benefits payable to more…

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57% of Americans Have Less Than $1,000 in Savings

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57% of Americans Have Less Than $1,000 in Savings

57% of Americans Have Less Than $1,000 in Savings Millennials are more likely than other generations to have nothing saved, while adults 65 and older are more likely to have $10,000 or more in a savings account. In Illinois, 39 percent of residents have no savings, the GoBanking Survey shows More than half of Americans…

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40 % of seniors have no assets for retirement

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40 % of seniors have no assets for retirement

40 % of seniors have no assets for retirement AARP and Ad Council Launch New PSA Campaign to Empower Millions of Americans to Get on Track for Retirement.  The Campaign Introduces an Interactive Digital Experience that Breaks Down the Challenge of Saving into Simple, Achievable Steps Two in five households headed by Americans age 55-64…

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