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100 Dollar Bills with Face Mask Falling From Stormy Cloudy Sky

A frequent question from the press is how the COVID-19 pandemic will affect Social Security finances.  (This topic was not covered in the Trustees Report released last week, as the report was prepared before the pandemic).  Of course, no one knows the answer, because no one knows how long it will take to get t…

Young casual woman sitting working on laptop with business data

Resourceful retirees usually weather the financial surprises that come their way. But a handful of unexpected health events can really hurt. The death of a spouse is at the top of the list. Net worth drops by more than $30,000 over a couple of years as retirees pay for the extraordinary medical and other expenses…