If you want to be financially secure in retirement, then making the most of Social Security can be critical in putting together a smart financial plan. The perfect retirement strategy involves a combination of Social Security benefits, private pension payments, and income from your own retirement nest egg. But with many companies no longer offering private pensions, and with the retirement savings crisis in America hampering many people's ability to set enough money aside for their golden years, Social Security is playing an even more important financial role for retirees.Social Security calculates how much money you get in monthly benefits based on your work history during your career.
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newsfeedback@fool.com (Dan Caplinger), The Motley Fool
Sat, 04/21/2018 - 3:01pm
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HONG KONG — Verdicts in Hong Kong’s largest national security case to date, involving some of the city's best-known pro-democracy activists, will be delivered on Thursday, more than three years after ...
05/28/2024 - 7:05 pm | View Link - The toll of Beijing's security law on Hong Kong's activists
Leung, 68, is one of 47 activists who were prosecuted in the largest national security law case to date in the former British colony. Most of them have been separated from their loved ones for years, ...
05/28/2024 - 6:05 pm | View Link - Can You Take Social Security While You're Still Working? Yes, But There's a Big Catch.
Social Security can go a long way in retirement, but many seniors may struggle financially even with the help of their benefits.
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Social Security's 2025 cost-of-living adjustment is projected to be 2.66%. Over 70% of older adults said 2024's increase was insufficient.
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