Headlines
Are you worried about Social Security? You are not alone.
Over half of pre-retiree Americans (51 percent) expressed concerns over Social Security’s long-term viability, according to a recent Gallup poll. These fears are by no means unfounded; Social Security is facing a shortfall that, if left unaddressed could result in…
Women need to employ unique savings strategies for retirement
The one thing experts do agree on is the fact that women need to employ unique savings strategies for retirement but it is not an insurmountable task for those savers willing to take the right steps. Women are historically more…
The Road to Retirement Security
In a publication by Vanguard Investment Strategy Group, “The Road to Retirement Security” is described as a framework for establishing a plan for retirement. This “simple, easy-to-understand framework” is presented as a tool to help new and established retirees address…
A few basic guidelines to follow if you want to retire comfortably
Depending on where you live, retirees could blow through $1 million in as little as 12 years according to a new report from GOBankingRates, a personal finance site. Since the average person retires at age 63 and has a life…
Your Social Security annual checkup
Did you schedule your “annual checkup” with your doctor’s office? How about with Social Security? It’s easy and you don’t need to leave your home to do it. Your Social Security Statement provides information about work credits, estimates for retirement, disability,…
Protect yourself from this one major expense in retirement
Medicare won’t pay for it, and neither will Medigap. What is it? Long-term care. Seventy percent of seniors who reach age 65 will need some type of long-term care in their lifetime. It is estimated that 69 percent of people…
You can learn a lot by listening to the public about Social Security
A recent Gallup survey found that 55 percent of retirees count on Social Security to be a major source of income, with another 34 percent leaning on it as a minor income source. Polling the American public, both working and retired,…
To claim, or not to claim Social Security at 70 – That is the question
The base amount of your Social Security benefit is computed from your 35 highest earning work years, but that base amount (known as your “Primary Insurance Amount”) can be either cut or increased, depending upon the age at which you claim…
Americans are worried about Social Security solvency
In a recently released report, Gallup has revealed that more than half of those in the age group just preceding Social Security eligibility are concerned about the solvency of the program. For that age group to be mostly concerned should…
Dependent grandchildren may get Social Security
Probably at least partially a result of America’s opioid crisis, more and more grandparents are finding themselves in a position of providing care and financial support for their minor grandchildren. For many senior grandparents who find themselves in that position,…