Headlines
Boomers Redefining Aging
Baby Boomers continue to age and continue to defy conventional aging stereotypes and mannerisms. Boomers are blazing a new path through retirement, and for some reason the rest of America continue to be surprised by this. Boomers have never been…
Baby Boomers Continued Effect on the Market
Baby Boomers have been a driving force on the market for decades at this point. Since the 80s, as they were coming to their own in their careers, Boomers have held a massive influence on the market. They have driven…
Preparing for Life in Retirement
Retirement is becoming a longer and longer phase in the average American’s life, and as such demands more and more preparation. Interestingly, the calculations used by the government to estimate longevity shows that the older a person lives, the longer…
The Future of Social Security
There are many proposals floating around that promise to fix the solvency problem faced by Social Security, and each candidate is touting their own plan as part of their platform. All of these plans come with their own pros and…
Transitioned Retirement — Would it Work for You?
Edward Jones Financial Advisor Wilbur F. Yates, in an article posted on www.kilgorenewsherald.com, provides some thought-provoking guidelines for people approaching retirement. Rather than take the often-frightening plunge into complete retirement, his article suggests considering a staged transition from work to retirement…
Clarity on New Social Security Rules
The Social Security Administration finally updated its site this week to include information on the new rules regarding filing for Social Security. These new rules phased out a few popular practices that many people were taking advantage of to boost…
The Role of Social Security Benefits
Social Security benefits are not meant to be a full replacement for your previous salary, they are meant to be a supplement to help you live off of your regular savings. The average benefit comes out to $1,341 per month,…
The Social Security Tax Cap
Currently, taxation for Social Security is capped on income at $118,500. This means that any amount over that number that you make is not liable to being taxed for Social Security purposes, there is only so much that you can…
Candidates’ Stances on Social Security
Social Security is quickly becoming one of the most important issues in the upcoming election, but it is still difficult to find out each candidates official stance on the system. Baby Boomers are retiring in droves and will continue to…
Consequences to Increasing the Retirement Age
One of the most suggested “fixes” proposed for the Social Security insolvency issue is to simply raise the age of retirement. The thought is that this would save money by requiring people to wait a few extra years before they…