
New Social Security Payments: What You Need to Know
This week, a new round of payments under the Social Security program in the United States will begin, affecting millions of retirees and individuals with disabilities. Starting November 3, 2023, updated payments will begin to appear in recipients' accounts as part of an increase in the standard monthly amounts for federal social security benefits.
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Retirees Fall Victim to Timeshare Scam, Losing $50,000
A recent story about a retired couple from Florida becoming victims of scammers has raised eyebrows and highlights how dangerous timeshare fraud schemes can be. The couple, Mike and Kathy Hartens, found themselves in a $50,000 hole after signing an unfavorable deal with one of the companies offering timeshare management.
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Over a Third of Australians Doubt They Can Ever Retire
According to the latest survey conducted in Australia, more than one-third of the population (34%) is convinced that they will never be able to afford retirement. This worrying statistic highlights the growing anxiety among citizens regarding financial safety in old age and their quality of life after finishing their working careers.
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