Can You Wait Too Long to Claim Social Security?
Many people know that the age at which you claim Social Security impacts your benefit amount. Here at NORA, we cover the advantages of waiting to claim, noting how it…
The 50/30/20 Budgeting Hack for Seniors
Some financial strategies are effective because they are simple, foundational, and applicable to almost everyone. Budgeting in retirement doesn’t have to be complicated. The 50/30/20 rule is a simple way…
Check Out This Retirement Option for Self-Employed Individuals and Business Owners
A Solo 401(k) is a retirement solution for self-employed individuals and business owners. This unique retirement account allows contributors to save for their future while benefiting from substantial tax advantages.…
The 2027 COLA Estimate Is Important to Young Workers
The 2027 COLA estimate is big news that workers from all generations are looking forward to. This includes young workers as well. While the 2026 Social Security COLA of 2.8…
Building a Reliable Retirement Income Stream
One of the biggest financial goals for seniors nearing retirement is creating a steady and reliable income stream. With a paycheck going away, it’s essential to ensure your savings, benefits,…
What Is the 2027 Social Security COLA: Projections So Far
The question on many retirees’ minds is simple: What is the 2027 Social Security COLA likely to be? At this point, projections point toward an increase of about 3 percent.…
How to Use Breakeven Analysis for Retirement Planning
When it comes to planning for retirement and knowing when to take Social Security, there are many opinions about which option works best. This is true not only for the…
Social Security COLA Increase: What Could 2027 Bring?
October will bring an important announcement for millions of retirees and Social Security beneficiaries: the official 2027 Social Security COLA increase. This pivotal moment could change the future of retirement.…
What Do You Think of This Retirement Proverb?
"Age is an issue of mind over matter. If you don't mind, it doesn't matter." – Mark Twain. In the realm of retirement, this timeless adage underscores the power of…
How to Save on Social Security Taxes in Retirement
Many people imagine that when they finally walk away from the workforce, they'll be done with taxes as well. However, Social Security taxes are a burden that retirees still have…
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