Headlines
Social Security Factors Big in CBPP Analysis of Future Spending
Citing the aging of America’s population and a rise in health care costs that exceeds overall growth in the economy, a report issued yesterday by the Center on Budget and Policy Priorities‘ Paul Van de Water provides a projection that…
The Debt Ceiling and Its Implications
The term “catastrophic” is in the news frequently these days, from describing the Harvey-related flooding in Texas to the size of Hurricane Irma and its potential impact. But the term is also popping up in relation to the implications associated…
The Missing Timeline for Resolving the Social Security Solvency Dilemma
Forbes and Next Avenue contributor Chris Farrell, recapping the sentiments of Nobel laureate and MIT economist Peter Diamond, suggests that it will take an “imminent deadline” spur legislative action on the program’s looming insolvency issue. Farrell’s article reflects on the 1982-83 Greenspan Commission…
Two Simple Choices Can Impact Your Social Security Benefit
Statistics from the Social Security Administration (SSA) show that 48% of married elderly beneficiaries, along with 71% of unmarried elderly beneficiaries (61% combined), are reliant on their monthly Social Security benefit check for at least half of their income. And according…
Retirement Isn’t Cheap
The cold hard fact is that retirement isn’t cheap and it’s getting more expensive ever year. The average couple receives only $27,120 in Social Security benefits per year but the typical retired household spends about $45,000 per year. Closing the…
Five Possible Changes to Federal Retirement System
Upon request from the House Oversight and Government Reform Committee chairman, the Congressional Budget Office reviewed a variety of different options for the federal retirement system and found: “Lawmakers have expressed interest in examining the current structure of retirement benefits…
Life’s Circumstances Can Derail Your Retirement
Most financial planners will tell you the reason why your retirement plan failed was not the result of bad portfolio returns but due to some of life’s circumstances. Read how certain life’s circumstances can derail even the best retirement plan,…
Retirement Benefits Continue to Evolve
As retirement benefits continue to evolve, are you prepared to take advantage of them? While change can often be confusing and maybe a little intimidating, it can also offer opportunities. In Erik Carter’s article for Forbes, he outlines some trends…
Social Security Facts All Americans Should Know
Social Security’s guaranteed monthly income provides eligible retired workers and their families’ financial security. However, the lack of understanding of the program is one of the biggest issues facing Social Security. In Sean William’s column for The Motley Fool, he…
Helping Women Secure Today and Tomorrow
Social Security is with you through life’s journey — from when you’re born, through your working years, and into retirement. We provide information and tools that help you make better decisions about your retirement future. Women face unique challenges when…