Tens of millions of Americans rely on Social Security benefits for a substantial portion of their retirement income. Not only is Social Security a valuable source of retirement income, with the average retired worker receiving about $1,975 per month, but it is also the only inflation-protected source of income many retirees have.

Data from TSCL’s 2024 Senior Survey shows 62% of older Americans worry their retirement income won’t even cover essentials such as groceries and medical bills. Will 2026's COLA increase help?

Without Social Security, millions of Americans would be living below the poverty line. With it, many don't -- even though the average monthly retirement benefit of $1,975 (as of December) is not all that huge.

A 2.5% Social Security cost-of-living adjustment is the lowest increase to benefits since 2021. To increase those checks, retirees may consider two money moves.

Selling a home in retirement doesn't inherently disqualify you from Social Security benefits, but there are some things you should know.

The Social Security program undergoes a series of revisions each year to ensure benefit payments keep pace with inflation and wages. The latest round of revisions took effect in January, and a recent survey published by Nationwide Retirement Institute suggests some of the changes will surprise many Americans.