Headlines
Should Social Security’s full retirement age be raised?
Most of us are aware that, while Social Security isn’t going bankrupt, action will be needed soon in order for the program to pay full benefits far out into the future. Current projections are that the Trust Fund will sustain…
The Social Security Trust Fund, and how it earns interest
The Social Security Trust Fund, with over $2.8 trillion dollars in assets, would seem to be quite healthy at first glance. But when you realize that due to increased longevity and a smaller ratio of workers to retirees it will be…
The biggest retirement planning mistake
The biggest retirement planning mistake is no real mystery, but it’s amazing how many people, especially those who can’t quite see Social Security on their horizon yet, simply ignore thinking about their years in retirement. As this Social Security blog…
When it comes to planning for retirement, take an honest look at yourself
Making choices for how to finance your retirement is largely dependent upon your personal beliefs, and whether you can make the needed assessments unencumbered by unrealistic expectations. It’s all about looking in the mirror and understanding your biases so you can…
Waiting until after age 70 to collect Social Security doesn’t make much sense
In today’s “new retirement” scenario, many folks are waiting to collect Social Security and working well into and past what used to be the normal retirement age. And since Social Security benefits continue to grow until age 70, there’s a…
Ask Rusty – What does my spouse get if I die before collecting Social Security?
“Ask Rusty” is a service of the AMAC Foundation, a non-profit entity of the Association of Mature American Citizens, with a mission to educate and assist senior citizens with issues, for example, with Social Security and Medicare. This recent Ask Rusty…
The concept of retirement is changing; no longer just many years of leisure.
The vision of retirement being 30 years or more of leisure living without work is changing, as many people realize that Americans are living a lot longer and can benefit emotionally, psychologically and financially by staying active. It’s something of a…
Creating a Viable Retirement Plan
In Melody Juge’s column appearing on the MarketWatch website (www.marketwatch.com) she states people spend more time planning a vacation than they do planning for their retirement. Her article takes many of the same questions we ask when planning our dream…
Five Potential Problems to be Solved before You Retire
Mark A. Lloyd’s, RFC, CEP, Investment Adviser for The Lloyd Group, Inc., in an article article appearing on Kiplinger’s website, writes that some financial professionals promise everything is going to be fine and you don’t have to fret about retirement,…
How to Plan for the Decline in Financial Decision-Making Abilities
Eleanor Laise, Senior Editor for Kiplinger’s Retirement Report, writes “Declining financial abilities may not only result in a few unpaid bills but also leave you vulnerable to financial abuse and exploitation, drain your nest egg, and place heavy burdens on…