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Retirement
from24/7 Wall St.
2 days ago

There Is A Social Security Change in 2026 That Could Cost Retirees Thousands If They're Not Prepared

Claiming Social Security at 62 instead of 67 permanently reduces monthly benefits by 30%, costing $144,000 over 20 years, while earnings limits and COLA adjustments compound the financial impact for early claimers.
from24/7 Wall St.
1 month ago

3 Things You Must Do Before Claiming Social Security in 2026

When it comes to Social Security, your filing age matters for a big reason - it helps determine how much of a monthly paycheck you get. If you wait until full retirement age (FRA) to claim Social Security, for example, you'll get your monthly benefit without a reduction. If you file before FRA, you'll have to accept a reduced monthly benefit for life. And if you file after FRA, your monthly benefit will be permanently boosted.
Business
Retirement
from24/7 Wall St.
1 month ago

What $6,500 a Month Really Looks Like in Retirement at 67

Generating $6,500 monthly at 67 typically requires $1.1–$1.35 million and demands balancing yield, growth, and dividend sustainability to protect principal.
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