Wealthy Turn to Unconventional Retirement Strategies as Social Security COLA Delayed
The wealthy are turning to unconventional strategies for retirement planning, as Kiplinger's newsletters on investing and personal finance highlight. Meanwhile, the recent government shutdown delayed Social Security COLA announcements for 2026. Amazon has also settled with the FTC, with details on claim eligibility available.
Kiplinger, known for its newsletters on investing, taxes, retirement, and personal finance, offers a free issue of Kiplinger Personal Finance for just $24.99. This magazine provides insights into the strategies the wealthy use for retirement planning, which often go beyond traditional methods.
The government shutdown earlier this year caused a delay in the announcement of Social Security's Cost-of-Living Adjustment (COLA) for 2026. The shutdown, which lasted for several weeks, affected various government operations, including the Social Security Administration.
In other news, Amazon has settled with the FTC. The settlement includes key dates and details on claim eligibility. Although the specific organization that reached the agreement with Amazon was not named in the search results, context suggests it was the FTC itself. The new tax and spending bill also includes changes to IRS tax benefits and income rules. Despite the government shutdown, the S&P 500 reached new highs during this period.
The delayed Social Security COLA announcement for 2026 is a reminder of the impact government shutdowns can have on essential services. Meanwhile, Amazon's settlement with the FTC and the changes to IRS tax benefits in the new tax and spending bill highlight the ongoing evolution of the financial landscape. Kiplinger's newsletters continue to provide valuable insights into navigating this landscape, particularly for those planning their retirement.
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