Social Security Increase for 2025 Forecasted

[@AnnaOllsson]

Wow, filing for Social Security at 62? Bold move! But hey, I’ve got $125k just chillin' in my emergency fund, itching to start making me some money. Honestly, I'm torn between playing it safe or just diving in. Who knew deciding when to start would be the easy part, right? Time to make that cash work for me, not the other way around!

[@FinnBraylon]

Haha, I hear you! But don’t just dive in headfirst-trust me, I tried that. Before you start playing with your $125k, maybe consider getting some advice? I had a financial advisor who saved me from a few bad decisions. You’d be surprised how much a pro can help, especially when you’re just starting out!

[@bartlyAD]

You guys are making me rethink my strategy. I’ve been sitting on some savings too but I’m stuck on where to start. An investment advisor sounds like a good idea, but how do you even find a good one? I’m definitely in need of some guidance here.

[@FinnBraylon]

There are a handful of CFAs. I've experimented with a few over the past years, but I've stuck with ‘Rebecca Noblett Roberts’ for some years now, and her performance has been consistently impressive. She’s known in her field, look her up.

[@bartlyAD]

I just looked her up, and she seems like exactly what I need to finally get my finances on track. Thanks for the tip!

[@BateserJoanne]

I’ve been working and paying into Social Security for over 40 years, and there’s no way I’m waiting any longer to take it. I’m grabbing it early-might as well take the sure thing. At this point, I’m all about investing in myself and putting money into the market. Over the years, I’ve learned that building real wealth comes from making smart investments.

[@lolitashaniel2342]

Yes, building wealth comes from making smart investments. Having a mentor is really important. It can be tough to find someone experienced, but it’s a wise decision if you're not familiar with the market.

[@VictorBiggerstaff]

I agree completely. I’m 60 years old, recently retired, with about $1.95 million in non-retirement investments. I have no debt, but not much in my retirement accounts compared to the rest of my portfolio from the past few years. Honestly, you can’t ignore financial advisors, just take the time to find a good one you can trust.

[@crystalcassandra5597]

My husband and i just had a relative conversation this morning. This is exactly how we wish to get our finances coordinated ahead of retirement. Can I get access to your advisor?

[@VictorBiggerstaff]

Rebecca Noblett Roberts is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.

[@grego6278]

I think I may have seen this name Rebecca Noblett Roberts in some reviews, but I'm not sure. We'll keep an eye on her. We appreciate you sparing us from hours of research. Do you know if she manages family funds too?

[@Susanhartman.]

Social Security is important for many seniors, but planning for retirement with smart investments is key. Diversifying investments helps grow wealth over time, and it's never too early to start. At 63 and 65, my husband and I are retired, living frugally, with over $3 million in net worth and monthly passive income supporting our early retirement.

[@91ScottieP]

Congrats on your early retirement! I’m looking for investment advice. Last year, I hesitated and missed the opportunity to invest, but this year, I’m determined to try something new and open to different ideas.

[@mariaguerrero08]

Accurate asset allocation is crucial. Some use hedging or defensive assets in their portfolio for market downturns. Seeking financial advice is vital. This approach has kept me financially secure for over five years, with a return on investment of nearly $1 million.

[@mikegarvey17]

@@mariaguerrero08How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?

[@mariaguerrero08]

Her name is “Izella Annette Anderson” can't divulge much. Most likely, the internet should have her basic info, you can research if you like

[@ThomasChai05]

Thanks for the info . Found her website and it really impressive

[@johnashby215]

SS doesn't keep p with inflation.

[@ralphchamp7533]

The COLA doesn't keep up with real inflation.

[@raybassman7536]

Duh....and Congress don't care, they never go hungry.

[@johnderfler5183]

The COLA,.in 2022 and 2023 were good, 2024, sucked 3.2, 2025 is going to be worse.

[@PatriciaStevens-rv6kn]

COLA increases are supposed to keep up with our cost of living expenses. Food, housing, gas and utilities are skyrocketing. Cola will not keep up with those expenses!! We are getting ripped off every year. My groceries are $100 per month more than they were a year ago and I am eating the same food! The price if good has gone up! Plus, whenever they give us an increase, they turn around and increase the price of Part B insurance! If we get a $50 increase, we’ll bet $35! It’s a scam!

[@paulhawkins5022]

The cola for SS is and has not given enough to keep up with the real cost of living.

[@keithmoore6334]

It sure hasn’t, and with the rising cost of homeowners, auto insurance and groceries,it isn’t even close.

[@kortyEdna825]

Am 58 retiring next year but the thought of retirement gives me weakness. My apologies to everyone who have retired and filing social security during this time after putting in all those years of work just to lose everything to a problem you never imagined to happen. It’s so difficult for people who are retired and have no savings or loved ones to fall back on.

[@carssimplified2195]

True, It has never been easier to understand how to build your money after retirement than it is right now with the inflation, when you may study and experience a completely variegated market passively by employing a successful portfolio-advisor. The impacts of the U.S. dollar's gain or fall on investments, in my opinion, are complex.

[@brucemichelle5689.]

Even if you’re not skilled, it is still possible to hire one. I was a project manager and my personal portfolio of approximately $850k of my retirement pension took a big hit in April due to the crash. I quickly got in touch with a financial-planner that devised a defensive strategy to protect my funds and make profit from my portfolio this red season. I’ve made over $250k since then.

[@PatrickFitzgerald-cx6io]

This is exactly how i wish to get my finances coordinated ahead of retirement. Can I get access to your advisor?

[@brucemichelle5689.]

‘’Aileen Gertrude Tippy’’ is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.

[@PatrickFitzgerald-cx6io]

Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.

[@ssdd6952]

My cost of living went up a lot more then 2.6% not to mention that some of us have to file taxes and will end up paying even more back.

[@cynthiacrapster6877]

Another rip off.

[@georgefelder9807]

Someone will have to pay for the illegal immigrants

[@454bard]

COLA does not keep up with real inflation.

[@suelakey688]

I don’t really care what the logic is but it is getting harder me harder for SS recipients to survive on their benefits they get. Seems like those of us who have worked for well over 30 ,years and have paid into the system are getting shafted!

[@Satjr35031]

Nobody is getting shafted You get your benefit depending on how many years you worked the amount of money you made and when you started to collect SS. This is how the system works.

[@suelakey688]

@@Satjr35031 I do know that.

[@johnnyretires]

SS is not supposed to be enough to retire on

[@suelakey688]

@@Satjr35031 well the system stinks and needs to be looked at. I have SS but it is hard to live on it!

[@pdodwell1575]

Social Security was designed to replace about 40% of your retirement income not cover your entire retirement income needs.

[@annelove3626]

Outstanding information,with world crisis,rising inflation and economic instability due to poor governance, consider digital assets as a means to attain financial freedom.

[@Daveinvest-bl4dn]

Building wealth involves good habits and risks like putting money into solid investments like digital currencies,having a good financial manager is what people tend to shy away from,and it keeps hunting them in the near future after many losses, be disciplined and get certified manager, I pray that anyone reading this will be successful!!!

[@Janejones-hz6sj]

Thank so much for the advice been seeking means of being successful in the digital market,do you recommend any professional ?

[@Daveinvest-bl4dn]

I don’t really do but luckily Anna Dorris Arthur is the best I can recommend so far..

[@Janejones-hz6sj]

Hey everyone! 👋 Just starting my investment journey in crypto and stocks. 🚀 how do I reach Anna Dorris Arthur? Let’s grow together.

[@Daveinvest-bl4dn]

+1838

[@jackieoesterman6688]

It needs to be higher to help those of us who just can't survive on the small amount.

[@Scottweeier846]

I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Patricia Annie Brooks

[@Brucelanham845]

Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, i'm in my fifth trade with her and it has been super.

[@Nguyenvictory83]

You trade with Annie Brooks too? Wow that woman has been a blessing to me and my family.

[@Rodriguezpaul-9]

The very first time we tried, we invested $1000 and after a week, we received $5900. That really helped us a lot to pay up our bills.

[@DaveCulbertson]

I'm new at this, please how can I reach her?

[@carolynvo7802]

Her good reputation already speaks for her .I’m also one of the beneficiary of Annie Brooks. So happy I gave it a trial after being skeptic of the process.

[@micheal_mills]

I am 53 and retired at 50. 1 thing I did do to retire early was to get out of the 401K and IRA programs. Bought rental real-estate and I am now a Limited Partner in about 1500+ units from collabrative efforts in the fund my estate planner has me invested in. I do not work.

[@Martina-Alan]

I only contribute 5% to get full company match, that’s it. The 401K plan is designed for you to work until you are about dead. Also, the government does not have their hands on it yet either.

[@DallisonScramosin]

My wife and I live off of our 401K. We don't work. I recommend highly to everyone to build your 401K or Roth IRA's as an alternate revenue stream in retirement to your Social Security. An observation on 401K's is when it gets over 300K it starts to accelerate. When you get over 500K it can really accelerate as the stock market grows.

[@Pamela.George]

If I may ask, as in withdrew all of the money from the 401K and IRA programs? If so, what was your strategy behind that decision? Thank you.

[@DallisonScramosin]

Vivian Jean Wilhelm is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@Pamela.George]

Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance

[@larryaugust8205]

2.6%cola increase,that’s gone with the 1st insurance bill increase

[@janicehunter3976]

Between increases on groceries, all types of insurance, property taxes, fuel and utility bills the real inflation would be conservatively 25%. RCOL is a joke. Then social security gets taxed sometime as well. Wonderful system!!!

[@georgefelder9807]

Someone will have to pay for the illegal immigrants

[@roburb73]

I have two, but with SS will have 3 when I'm 62. I have a military pension and VA compensation that increase with inflation. That's the golden ticket to a worry free retirement.

[@PorscheSpeedster-kz6nc]

Enjoy it and live life!!!

[@roncraft2042]

Me too❤️

[@jaya.0069]

My SSi is 400 a month, I just bought a new tent and 2 pair of drawers. Gonna buy a pot and blanket next month. Hey big man, let me hold a dollah!

[@CalvinMorris-cf8jk]

nothing like getting straight to the point. mind boggling.

[@fosterkhan8697]

Thanks. Sir. For. Latest. News. ❤❤❤❤❤. 👍👍👍👍👍. 💐💐💐💐💐

[@SJ-zu6wh]

I don’t think 43.00is going to help a lot with the inflation the way it is ! Utilities, property taxes,gas ,food not saying anything breaking down in the household or car expenses.

[@jaya.0069]

True!

[@danswartwood4580]

Thank you for your APPRECIATION to your subscribers 😢😢😢

[@carolwilliams6633]

Every raise we get goes to medicare premiums 😮😢cost. So that leaves us nothing.

[@joanshealy1662]

So true when SS increases Medicare will increase too

[@wharrison7131]

Well the statement that “SS does keep up with inflation” destroys his credibility.

[@alinatalavera2902]

It means we are getting peanuts again

[@brucesnyder690]

Of course. Only the rich and corporations get real increases.

[@LarryCoburn-iw6cl]

For breakfast, lunch and dinner!

[@brucesnyder690]

@@LarryCoburn-iw6cl but the oligarchs get their multimillion tax breaks. And lardass trumpie wants to give them more.

[@kellyleathers8806]

Question…will taxes be taken out of your monthly check from social security…

[@suelakey688]

No taxes but if you have Medicare that is taken out

[@Satjr35031]

You can request taxes to be taken out especially if you will have other income coming in.

[@johnnyretires]

@@kellyleathers8806 up to 85% of your SS is taxable depending on your other income.

[@peggykendell6805]

This does not keep up with the real inflation! FOOD IS UP 30 PERSENT, POWER IS UP 40.

[@wolffzambelli2701]

Do yourself a favor and research which congressman first proposed to tax SS...

[@BillyBlaze7]

its real fkd up that the people who need it the least get the biggest increase ALWAYS, and the people getting less that need an increase the most get hardly nothing. They should not base increases on what the benefit amount is. They should make it to where everyone gets the same amount of increase.

[@johnnyretires]

One of the reasons I am delaying until age 70 is so I can get larger COLAs

[@BillyBlaze7]

@@johnnyretires its a good plan if you can hang on that long

[@rosssmith9870]

​@@johnnyretires Me too. Cola is worth probably double more at the 70 rate.

[@andrewroth9175]

I’m 61 this year. In donut hole year, will not COLA adjustment and no AWI adjustment. At least I’m not missing out on big COLA.

[@Satjr35031]

You forgot to mention the higher bend points you will receive at 62 that will increase your SS

[@cynthiacrapster6877]

Let me guess. It will be enough to pay increase in medicare premiums which goes up every year and if you are real lucky you will clear $15 to $20.

[@cabsouth]

Excellent !

[@shoichitaka142]

COLA pulse 200 Dollar per month best for Seniors

[@jaya.0069]

Wishful thinking!

[@Boaz6262]

Does this increase apply to ppl that file at 62 cuz according to my SSA statement it stead the same for the last few years btw i have not filed yet.

[@Erginartesia]

I have 3 sources of income and all 3 ‘slay the income dragons’. I guess I’m a lucky ducky. And even with that, I still worry.

[@carolduffy250]

50. Increase means about 10 or 15 dollars because then they will raise our deductibles.

[@LarryCoburn-iw6cl]

😂 another 50 dollars in a thousand dollar world. Big deal

[@martinmaranan931]

Small stuff increase adds up in the income.

[@WillieLigo]

People needs to know that the price will change as the years pass by , I can’t expect to be paying the same as 10 years ago , that’s is been a fool , I remember when I was using 100 a week and buying the same stuff that I’m buying today for 300 more

[@gregshea8773]

I disagree with t. Increase, it wasn't enough. Social security play with the numbers to actually say what they wanted to say I'd like to pay a $174 part B No I don't have no money. I know she put away so my car financial to get my car fixed

[@jaya.0069]

Yeah, whatever you mean!

[@winnepeterson6570]

Jail for CF Chump 2024!

[@isrberlinerin4063]

Everytime there is an increase my Rent goes up and everything else too !

[@martinfromseacity2010]

Thanks

[@mariarod6998]

Illegals get better pay than us who worked what a joke

[@georgefelder9807]

Some will have to pay for the illegal immigrants.

[@SuzanneMoore-hg6on]

Gotta be thousands my hubby said fairdinkum wtf are the piticians thinking mate hey Rich and Suzie

[@SuzanneMoore-hg6on]

Politicians that was meant to be

[@JacksonThomas-x1e]

Yep Yep Yep we all going to be really big time high rollers with are extra 20 bucks 😅

[@sH-gh8ww]

SSI is going to increase tenfold. Did you hear it’s in the Sara Social Security is going to rise significantly for us and there will be no taxes on it. That’s what you have to say OK that’s what you have to say it’s all over the Internet. It’s in the Sara don’t tell us the increaseall supposed to get up to $5000 a month come on man get a hold of yourself

[@katherinewagner987]

50 dollar's doesn't help with nothing cola social security needs to be raised by at least 400

[@angelaShoemaker-y5l]

I don’t know anyone making the so called “Average “everyone I know make much less!

[@raypowell2076]

Every year we get a cola,blue cross raises their premium and takes most of it away

[@katherinewagner987]

Can't live off $1,000 a month that's what they get for social security SSI

[@bradleyvanzile1111]

Cola calculations are so outdated!

[@MichaelKervin-d8c]

Feel free to call me nieve but if SS is about to go bankrupt in what? 2034, would it make any sense to take the last 3 decades, by decade and average annualize, then take those (3) averages , get the average. Figure out whether this average is then more workable for all and sustains SS or if not, then what other modifications like age and contribution would create sustainability. Just thinking out my backside - SORRY

[@JaySwackhammer]

Figures don’t lie, but liars can figure 😡🤬

[@suelakey688]

The Social Security Department is nothing but a joke mother people receiving these benefits can’t live on this.

[@spdog3344]

I bet I won’t even get the full benefit when I retire as I’m 32. I don’t even count it in my projections.

[@Satjr35031]

You have 30 years to start contributing to a IRA or 401K plan

[@spdog3344]

@@Satjr35031 I am, I contribute a lot since my early 20s. I’ll be set whether I get SS or not.

[@stevemiller1517]

Silver, gold?

[@spdog3344]

@@Satjr35031 I’ve been contributing since I was 22. I will be set regardless of whether I get SS or not

[@marc639]

70 percent inflation in last 1p years and 24 % incress in ssa in 🎉 10 years😊

[@tinad382]

Not to mention rent

[@liammclaughlin2881]

About 3%. You don't need to be that smart to figure that out.

[@bradleyvanzile1111]

There is a lot of talk and no action. Lotta guessing people get excited about nothing.

[@DemocraticMike]

Estimated 2.6%. FF to 5:40.

[@karen46600]

The 43 dollars is a joke food and gas will eat up that Money

[@paulmimms9400]

What happan when the pres sleeper Joe said that we wound get a Etra 200 dollars a month a lie

[@LonnHoffman-kw8wz]

Hey I have a 1929 Rolls Royce in mint condition, that has never been driven I will sell you for $10.00

[@joegreatmusicfirstweir9646]

Ant that America little pink houses for you and me

[@jaya.0069]

Little camo colored tent for me!

[@raybassman7536]

It's not the end of the 3rd quarter yet for a real figure, so this video is a waste of time.

[@CharlesGillespie-h9n]

A bunch of crap! This guy must read motley fool Motley fool's never ever been correct on their social security estimates This guy just caught these other people's information and most of it's wrong

[@LonnHoffman-kw8wz]

Yeah, right! Just wait until the government taxes the hell out of it! Tell the whole story knothead!

[@Luckyduck10]

This is easy. Nothing.

[@sH-gh8ww]

You are way behind the Times stop the nonsense of increase. If you don’t know, then don’t say anything stupid

[@guzzi95]

Trump 2024! Make no mistake again. And Vote in person too!

[@wyattfam4107]

Why? He's all over TV telling people he doesn't need any votes, not to worry about voting.

[@peacefulpeds5623]

No to Trump

[@davids2427]

Just 50 bucks mannnnnn thats weak sauce 😂

[@lipete1000]

Keeps up with inflation my ass. That statement is full of BS

[@lipete1000]

What alineif BS

[@ricktennock7049]

get to the point !

[@marc639]

It's a joke

[@dennismarella4858]

Come on bla bla

[@lenrey4376]

I’m a senior and need Social Security. Please seniors, vote to save it. Vote for Kamala.

[@LarryCoburn-iw6cl]

😂😂kameltoe

[@smujer1]

Damn, are you insane?

[@KathyIngram-iz5kl]

We know in October

[@sH-gh8ww]

You are way behind the Times stop the nonsense of increase. If you don’t know, then don’t say anything stupid