Broadly speaking, the older you are, the less exposure to the stock market you're supposed to take on. When you need safety and certainty, more reliable investments like interest-bearing bonds and even higher-yielding cash balances are prioritized. And understandably so.

The 2025 Social Security cost-of-living adjustment (COLA) came in at just 2.5%. That's well under the 3.2% retirees got last year and far less than what many were hoping for. The high inflation over the last few years has made it difficult for retirees to afford their basic expenses,

In today’s CT BUZZ, Reporter Rachel Lutzker was joined in the studio by Ben Fuchs, founder of Fuchs Financial, to discuss the critical changes to Social Security benefits,

Social Security has been around for nearly nine decades, but the program has had a major overhaul since then. And now its gearing up for some big changes in 2025 that could affect millions of people.

The Social Security program undergoes several changes each year to keep benefits aligned with wages and inflation. It is crucial that retired workers and other beneficiaries understand those changes. Social Security is often a major source of income, so misconceptions and knowledge gaps can lead to serious financial planning mistakes.