Headlines
Starting the New Year right by avoiding these Social Security mistakes
In Maurie Backman’s column for The Motley Fool, she suggest that one of your New Year’s resolution should be to read up on Social Security and familiarize yourself with how it works. She prepares you to start the New Year right by…
The politics of fixing the Social Security financial dilemma
We hear fairly regularly about Social Security’s pending financial dilemma, but what we don’t hear much about is how Congress is going to fix it. That’s because, as with most things on Capitol hill these days, Democrats and Republicans can’t…
Don’t make these retirement mistakes
It’s pretty well known that retirement savings, or rather lack thereof, is a national issue, and nearly all financial advisors will recommend you save as much as you possibly can for your golden years. So let’s say that you’ve listened to…
Set a date for your retirement? Don’t count on it
Many people approach their retirement planning with a specific age in mind that they want to hang up their work clothes. But when that time comes, many are finding out that the stars haven’t aligned well enough to allow retiring…
A small bump in 401(k) savings now means a lot for your future
America’s savings crisis is a pretty well known issue today, exacerbated by the fact that far too many people aren’t taking full advantage of the 401(k) plan offered by their employer. In fact, about 20% of employees don’t contribute enough…
To wait, or not to wait: That is the big Social Security question
Whether to file for Social Security at your full retirement age, or wait and make your benefit checks bigger, is a decision that everyone needs to make once they become eligible for benefits. Deciding what age to file, of course,…
A Social Security conundrum: Taxing Social Security benefits
Way back in the 1980’s and 1990’s, changes were made to the Social Security program which meant that if a recipient’s income level exceeded certain thresholds, a portion of their Social Security benefits would become taxable. An amendment passed in…
“Un-retirement”? More and more retirees are returning to the work force
When you’re working full time and dealing with stressful 40-plus hour work weeks filled with issues, it’s easy to conjure up an image of retirement as spending your days absorbed in a book in the shade of swaying palm trees on a…
Rubio on Social Security Spending Cuts
Florida Senator Marco Rubio, in a recent interview with Politico Playbook, endorsed the need for Social Security and Medicare reform. In framing his remarks about Social Security, Rubio suggested “We don’t need to reduce benefits on current retirees or near-term retirees, but…
Looking Ahead at the “Retirement Crisis”
Despite some media perspectives that there really is no impending “retirement crisis,” BlackRock Retirement Institute’s Executive Director Bruce Wolfe takes the position that those who downplay bleak retirement financial projections may be weighing past and current retirees’ fortunes too heavily. “For those…