Headlines
Expert Viewpoints on the SECURE Act
Investment Advisor magazine’s executive managing editor Ginger Szala, in a post on www.thinkadvisor.com, takes a look at the “Setting Every Community Up for Retirement Enhancement (SECURE) Act signed into law last week. Her article features commentary from Ted Benna, Morningstar’s Christine…
Dealing With the “Retirement Savings Dilemma”
With some surveys suggesting that a mere one out of three workers will be financially able to retire comfortably at age 67, the question of when to exit the workforce is coming into sharp focus. In fact, a recent survey suggests that…
Question: why don’t people save more for retirement?
If you were to type “why don’t Americans save more for retirement” into a search engine, you would get some diametrically opposed answers in the search replies. One is the liberal or leftist view that people don’t make enough and…
Should Social Security be transformed into “welfare?” AMAC says “No.”
“Social Security does not offer anyone… an easy life—nor was it ever intended to do so.” You might be surprised who uttered this phrase. It was Franklin Roosevelt, the father of the program, in a 1938 radio address, three years…
Social Security to enhance customer service by shifting around funds
There’s a new sheriff in town, and he’s hiring people to work at Social Security, as Mark Miller, a journalist and author specializing in retirement and aging, writes in this piece in MarketWatch. Social Security Commissioner Andrew Saul, who was sworn in last…
Recent Retirees Wish They’d Been Better Prepared for Taxes
Taxes. Kailey Hagen’s article here notes that 34% of recent retirees say they wish they’d been better prepared for taxes than they were, according to a recent Nationwide survey. Hagen’s piece takes a closer look at how the government taxes retirement savings…
Should the U.S. follow France and up the retirement age?
Social Security’s full retirement age has only ever been changed one time in 1983, and by just two years. Proposals to increase it further are often discussed, but they seem to go nowhere, despite the program’s financial troubles and looming…
Providing yourself with a nest egg in retirement is essential
With longer life spans and lower interest rates, financial experts are recommending you save about 15 percent of your annual income for retirement. However, many people–almost 40 million–struggle to save anything for retirement. So, figuring out a way to boost…
In some situations, filing for benefits sooner rather than later can really pay off
The financial experts often tell us that we should wait to file for our Social Security benefits at our full retirement age, but the Social Security Administration won’t force you to wait. Actually, you are allowed to file as early…
The financial and lifestyle disadvantages to early retirement
More than one-third of workers over the age of 64 who previously retired and then later went back to work found the traditional, work-free retirement lifestyle disappointing. According to a survey by the RAND Corporation, the decision to unretire is…