Downtown Hendersonville, N.C., has a small-town atmosphere. iStock Dear MarketWatch, My wife and I are both 57 and looking to retire at 62. We will get approximately $ 1,700 a month each from Social Security. We currently have approximately $ 750,000 in 401(k) and cash. We are looking to get …
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Are you happy or sad that your monthly Social Security check next year will be approximately 1.2% higher than it is this year? Your answer no doubt depends on whether you look at the glass as half full or half empty. Had the Social Security Administration set next year’s COLA …
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Many young Americans say they don’t expect to get Social Security when they retire, but it’s the older workers of today who may see the first cuts to their benefits. The Congressional Budget Office released an updated budget outlook on Wednesday, originally published in July, to reflect the impact the …
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Dear MarketWatch, I am finishing 50 years in the airline industry next year, and I am looking to relocate to anywhere north or west of Colorado (including Colorado) — but not California because of the taxes. I will have approximately $ 3,200 a month in Social Security and will hopefully …
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Wow. With less than three months to go in an election year, President Trump, clearly trailing in the polls, has touched the so-called “third rail” of American politics: Entitlements. Reviving an idea that he backed away from only a few weeks ago, he said recently that he wanted to eliminate …
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The COVID-19 pandemic underscores the importance of Social Security in the lives of Americans. Even in the toughest of times, the program delivers checks on time and in full. At the same time, the economic conditions created by the virus have exposed hidden weaknesses that could cost the program tens …
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Sometimes they approach with a smile. Other times, it’s with the rage of angels. About four months ago, Terence Fitzgerald, and his two sons, who are 5 and 3 years old, were on a weekend bike ride in his neighborhood, a quiet suburb in Southern California with picturesque houses situated …
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People socializing less and working from home caused a slump in demand for personal care items like deodorant and makeup, consumer goods giant Unilever ULVR, +0.15% said on Thursday. The firm, which owns Dove soap and Axe deodorant, as well as hundreds of other brands, said lockdowns led to a …
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The New York Knicks, a basketball franchise with mostly black players in a city that’s about 25% African-American, has been one of only two NBA teams silent over the killing of George Floyd. A leaked email explains why, according to an ESPN report. “ “We at Madison Square Garden stand …
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