Economy

Baby Boomers Likely to Retire Later

Almost 80 million baby boomers will be eligible to receive Social Security benefits in the next 20 years, setting off fears that the Social Security system will be overwhelmed. But baby boomers are expected to bring a different approach to old age by working longer than prior generations.

Social Security Benefits Rise 2.3 Percent Next Year

Millions of Americans will get a slight increase in Social Security benefits next year after the government agreed to an adjustment for the cost of living. The 2.3 percent increase is the smallest increase in four years. It will add $24 per month to the average Social Security check.

Social Security Benefits Rise 2.3 Percent Next Year

Millions of Americans will get a slight increase in Social Security benefits next year after the government agreed to an adjustment for the cost of living. The 2.3 percent increase is the smallest increase in four years. It will add $24 per month to the average Social Security check.