Insights

The Congressional Budget Office (CBO) has warned that the primary fund used to pay Social Security benefits—the Old-Age and Survivors Insurance (OASI) Trust Fund—could be depleted by the early 2030s, driven in part by a declining ratio of workers contributing to the system relative to retirees receiving benefits. The Trust Fund could be exhausted as early as fiscal year 2031—just a few years away. At that point, Social Security would rely solely on incoming payroll taxes to f

It is not only the time of the year when we enjoy the holidays, but it is also the time for stock market strategists to provide a snapshot of their expectations for the S&P 500 in the year ahead. This year, I decided to compare these expectations with those of prior years, dating back to 2000. Along with all the annual outlook reports published over the last few weeks, there’s been the usual plethora of strategist price targets for where the S&P 500 will close out 2026. Most

Erin Semelka passes the CFP exam.