If you’re one of the approximately 70 million retired Americans collecting Social Security benefits, you’ll see an 8.7% Cost-of-Living Adjustment (COLA) increase in 2023. Supplemental Security Income (SSI) beneficiaries will see increased payments starting December...
Thoughtful Advisors is very proud to announce our new Thoughtful Retirement Plan portal is online! If you haven’t opened a 401(k) plan because you thought they were too expensive, too time consuming or didn’t want someone bothering you,...
We get a lot of questions about investments, especially retirement plans. While everyone has different needs and goals, here are a few common questions we receive, and some basics to consider. When should I start investing? Every person is different, but the general...
We are in the middle of a historic financial situation. Take a moment and look at this chart. Through mid October, stocks (S&P 500) AND bonds (10yr US Treasury) AND 60-40 allocation are negative. The yellow indicates this is the...
This article details the upcoming fourth highest Social Security COLA since 1975. That’s good and bad news. Good news is, a higher benefit is on the way. Bad news is, actual inflation costs are most likely double the benefit on the...
