A study found that the cost of living is the greatest risk to suicide rates. Here’s what people can do about it

For the past six months, Scarlett has noticed that her body has started to shiver excessively. It’s a response that she associates with withdrawal from antidepressants – but this time it didn’t. Instead, the tremors coincided with a rising cost of living as she and a housemate had to tighten up their already tight budget. … Read more

Planning to get Social Security at 62? 3 reasons to wait until age 70

(Adam Levine Weinberg) The big question for Americans nearing retirement is when to apply Social Security benefits. While the US government has set the full retirement age at 67 for people born in 1960 or later, Americans can choose to receive reduced Social Security benefits as early as 62 — or wait past the full … Read more

Why you should spread your retirement savings across multiple accounts. Here why | personal financing

(Adam Levy) There are a variety of accounts available to most investors to save for retirement. You can choose the traditional 401(k), IRA, or Roth versions of those accounts, or stick with a regular taxable brokerage account. You can even use a tax-free HSA to save for retirement. If you are planning for the long … Read more

The surprising truth about the future of Social Security | Smart Change: Personal Finance

(Selina Marangian) Here are some scary headlines you may have come across that give the impression that Social Security is on the way to becoming a thing of the past: “Social Security is expected to be insolvent a year earlier than previously expected” (New York times, 2021) “Why is Social Security running out of money?” … Read more

How much will your Social Security benefits increase in 2023 based on current inflation? | Smart Change: Personal Finance

(Bram Berkowitz) New inflation data for August sent the market lower earlier this week, with Dow Jones Industrial Average It gave up a staggering 1,250 points on Tuesday as inflation came in higher than expected last month. Inflation data doesn’t just affect the markets; It also plays a big role in determining how much to … Read more