Headlines
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…
Widows and Widowers: An Important Discussion of Your Social Security Benefits
Navigating the complexities of Social Security can be a daunting task, but in the wake of losing a spouse, it can be even more difficult. There are a number of factors that go into determining the benefits that surviving spouses are…
Tax Reform: A Look at the Positives for Seniors
As the tax reform effort winds its way toward an eventual compromise, there is substantial conjecture in the media and across the country about the anticipated impact on various groups of citizens. Rachel Greszler, senior policy analyst in economics and entitlements…
Planning to Work While Drawing Benefits? Understand the Rules!
One retirement strategy becoming more and more commonplace theses days is to continue working after claiming Social Security benefits. There are many reasons why this strategy is desirable, including of course improved finances, but also including the benefits of staying engaged,…