The Cost-of-Living Adjustment (COLA) for Social Security (SS) looks like it will be at least 4.6% in 2027. Inflation for the measure SS uses for its COLA calculation ran wild the last three months – at an annual rate of 12%.
The food and energy components of inflation were very high in April, but were a bit less than the jump in March. They are the obvious contributors to recent inflation. We most clearly see this when we compare two inflation measures: Seasonally-adjusted inflation includes
I switched our main checking account – the one that gets our Social Security checks and that I use to pay all bills – from my bank at PNC to a “cash management” account at Fidelity. I had three reasons: 1) It’s easier to transfer
You win the tax game with Roth when you are retired, assuming you stay in the 22% marginal tax rate when you contribute or convert to Roth. You come out ahead by perhaps $1,000s per year in retirement. You want to get to roughly 80%
It’s been over seven weeks since we returned to from India. We’re back to our normal routine! The memories – particularly the experiences that got us out of our comfort zone – are seared in our brains forever! I enclose a list of those things