Get out your pencils and calculators: The IRS has released a breakdown of what's ahead for the 2020 tax year….

More than half of people age 40 and older have not discussed aging with their parents, and 84% have nothing saved for their parents’ future should they need it, according to a study conducted by Mavencare, a home care provider. Why is this statistic important? Because nearly six in 10 respondents said they’re worried about their parents aging and another 58% said the cost of care, in terms of a caregiver, is a major concern….

It may come as a surprise that a recent survey by TD Ameritrade found that debt is NOT the #1 reason cited by Millennials for falling behind on retirement savings. In fact, housing costs is a more common roadblock for that generation….

It’s official: Your Social Security checks will get a modest increase next year. The Social Security Administration announced last Thursday that the cost-of-living adjustment for 2020 will be 1.6%. That number is less than what retirees have received in recent years. In 2019, they got a 2.8% bump, while in 2018 the increase was 2%….