Headlines
Baby Boomer Approach to Cyber Security
Cyber security has been a hot topic recently. Protecting your identity has taken a whole new approach since the new millennium and some people are still trying to figure it all out. Being technologically illiterate is no longer an excuse…
The Continuing Longevity-Income Inequality Debate–Some New Thinking
The New Yorker’s Michael Specter interjects some new talking points into the ongoing discussion on relationships between life expectancy and income via his recap of a recently-published JAMA study (“The Association Between Income and Life Expectancy in the United States, 2001-2014”).…
The Future of Social Security
Much has been said on the solvency of the Social Security system. It is widely accepted as fact that assuming no changes in the system that the fund will run dry by the 2030s. This is cause for some concern,…
Social Security Taxes
When Social Security taxes are taken out of your paycheck they are not held in perpetuity to be given back to you when you retire. Social Security money is not held in some vault somewhere, nor is it put in…
Boomers and Saving for Retirement
Boomers have come to be known as notoriously bad savers. Though, most are entering retirement directly after a recession that depleted most peoples’ reserves. They were also brought up and went through their working lives in a time that many…
Social Security and Marriage
There are no negative impacts on Social Security benefits for married couples filing for retirement. Retirees in marriage are eligible to receive the highest benefits available to them through either individual earning reports or through spousal benefits. In fact, there…
Today’s Retirees
Retirement today is much different than retirement for previous generations. Baby Boomers are shifting what retirement is on a fundamental level. Before, retirement meant downsizing and slowing down in old age. Today, however, retirees are not downsizing and are enjoying…
Safely Navigating Retirement
The new found “retirement crisis” brings forth many new ideas and strategies to help curb the financial problems that many retirees are finding themselves facing. The old idiom proclaiming “if it seems too good to be true then it probably…
Paying for Medicare Before Drawing Social Security Benefits – Here’s How
Capitol Gazette Correspondent Amy Rubino sheds light on the question faced by many people aging in to Medicare before electing to draw Social Security Benefits. In an article posted on www.capitalgazette.com, Ms. Rubino explains the options available under several scenarios. Read…
Wealth Gap and Social Security
When looking at data concerning Social Security it is mostly centered around averages and medians. For example, there are many reports that use average saves and median incomes in discussing how well off todays retirees are. However, this trivializes those…