2027 Social Security COLA Smaller Than You'd Hoped? Here's What to Do Now
The Social Security Administration has announced a 3.6% cost-of-living adjustment (COLA) for 2027. This is above average compared with the last 50 years of COLAs, and it’s expected to add roughly $75 per month to the typical retirement benefit.
That will give the average senior about $900 more per year,
Is Schwab Total Stock Market Index (SWTSX) a Strong Mutual Fund Pick Right Now?
If you’ve been stuck searching for Large Cap Blend funds, consider Schwab Total Stock Market Index (SWTSX) as a possibility. The fund does not have a Zacks Mutual Fund Rank, though we have been able to explore other metrics like performance, volatility, and cost.
Objective
SWTSX is part of the Large Cap Blend section,
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Read MoreStock Market Today: US Stock Futures Fall After Tesla and Meta Earnings
TLDR
- U.S. stock futures fell early Thursday after Tesla and Meta Platforms reported third-quarter results.
- Tesla beat estimates but cut its 2026 capital spending forecast to about $20 billion, and its shares fell in extended trading.
- Elon Musk said Tesla and SpaceX formed a special committee to explore a possible merger,
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Read MoreCould your Social Security check shrink? The funding problem Congress must confront
Social Security is moving closer to a funding shortfall that could have a significant impact on millions of Americans, putting pressure on Congress to find a solution before retirees face potential benefit cuts.
A Backyard Cottage Brings In $3,000 a Month. For a Retiree, That Rent May Not Cost a Cent in Social Security
Renting a backyard cottage sounds like easy retirement income, but the rules that determine whether Social Security keeps its hands off your rent hinge on a single question most landlords never think to ask.
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Read MoreThe Burst
Billionaire Bought This Under-the-Radar Chip Stock
At one time, Al Gore’s fund, Generation Investment Management, had so much conviction in Qualcomm that they bet around half a billion dollars on it.
Today, another huge investment fund founded by billionaire David Tepper has a stake in the chipmaker. What is it that these money managers see in the San Diego-headquartered firm to persuade them to risk hundreds of millions of dollars?
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Read MoreThe Ivy
Massive Buy Sign Flashing In Magnificent 7 Stock
If one trader with an awesome track record is right, a Magnificent 7 stock is about to start a rip roaring rally that will last for some time.
Remarkably, it’s also been one of the poorest performers this year, down 4% so far against a market rally in the S&P 5oo of 20%.
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Read MoreThe Spotlight
Is it Finally Time to Buy UBER?
Is it time to buy UBER stock? Uber Technologies (NYSE:UBER) seems to be on a roll. Despite the disruption the emergence of the COVID-19 caused in the transportation marketplace, UBER seems to be snapping back. During the company’s most recent quarterly earnings call, CEO Dara Khosrowshah stated that the company had achieved total adjusted EBITDA profitability for the second quarter in a row –