Headlines
Improving Poverty Rates in Retirement
There is a special safety net in place to make sure that there is a minimum amount you can collect from Social Security. At the moment this minimum is so low that it is largely irrelevant due to how it…
The “Retirement Crisis” in America
There has been much discourse recently on a “retirement crisis” in America. This crisis boils down to the difficulty in or the ineptitude of Americans to properly save and plan for retirement. Social Security is a great boon to those…
Rethinking Retirement Planning
One of the biggest fears among Baby Boomers is outliving their retirement savings. Over half of retirees share this sentiment. The best way to alleviate this fear is to have a full comprehensive plan laid out before you reach retirement.…
Newest Trustee Report on Social Security
The newest report from the trustees of the Social Security Administration was just released this week. This report shows information such as how the trust fund is doing, how funding is going, and whether we are on track for benefit…
The Options to Fix Social Security
Most people realize and accept that there is a looming problem with Social Security. Recent reports have shown that the trust fund will run dry in fewer than 2 decades. We are running out of time and must stop passing…
On Social Security Insolvency
The most recent report by the trustees of the Social Security System says that the program is on track to run out of funding by 2034. This backs up previous reports by both the trustees and outside research groups that…
Benefits in 2017
There is finally some good news regarding Social Security benefits in the next year. There will be an increase in most people’s benefits to the tune of $2.50 each month. A truly generous and magnanimous gesture by the Social Security…
Common Misconceptions about Retirement
Retirement planning is very important. It is recommended that you start planning and saving for your retirement as soon as you start your career. However, there are many common pieces of advice that actually hinder this planning. Some of this…
Baby Boomers Role in the Government
Baby Boomers are the most important voting demographic right now. Although Millennials have caught up in terms of eligible voters they still fall far behind in actually making it to the polls. Obama succeeded in pulling an above average amount…
Healthcare Costs and Retirement
Many retired Americans are having financial troubles due to not properly saving and planning for retirement. These seniors rely on Social Security as a primary source of income. However, healthcare costs are eating up more and more of their monthly…