Preview Mode Links will not work in preview mode

Last Paycheck


Jun 26, 2024

In this week's episode of Last Paycheck Podcast, hosts and certified financial planners Archie and Rob Hoxton talk about the highly-anticipated topic of Social Security cost of living increases for 2025. They explore how these adjustments are calculated, focusing on the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W). Rob shares startling statistics about the reliance of nearly 40% of retired Americans on Social Security as their sole income source, emphasizing the importance of strategic planning. With insights into inflation's impact and asset management tips, the hosts provide valuable advice for maximizing Social Security benefits. Despite uncertainties, Archie and Rob predict a potential 2025 increase of 3% to 3.5%. 

If you'd like to chat with Rob or Archie further, please schedule a consultation: https://calendly.com/archiehoxton/last-paycheck-consultation     

Call or text Hoxton Planning & Management: +1 (304) 876-2619 and visit their website www.hoxtonpm.com  

Watch on YouTube:  https://youtu.be/v-eEGL_EqUA 

Listen in on conversations with Certified Financial Planners Archie and Rob Hoxton as they share weekly wisdom to help you retire and stay retired. Have you ever wondered what it will feel like when you get your last paycheck? Whether it’s excitement, anxiety, or anything in between, this show is for you.

Visit: http://www.thelastpaycheck.com