Headlines
Health care costs and their potential impact on your retirement
In this article posted at www.nasdaq.com, Rob Kron , Managing Director and head of Investment and Retirement Education for BlackRock’s U.S. Wealth Advisory group, presents a series of thoughts on the implications that unplanned, out-of-pocket medical costs can have on an retirement…
Will Medicare costs bomb you in 2016?
(By – Jennie L. Phipps, Bankrate.com) Your Medicare costs will rise a lot or not at all in 2016. Don’t panic. For about 70% of Medicare participants, Part B will stay the same as it has been for the last couple…
Social Security benefits by state and county
(Source – socialsecurityinfo.areavoices.com) The annual publication “OASDI Beneficiaries by State and County” was recently released with information as of December 2014. OASDI is the Social Security retirement, survivors and disability benefits. From the preface: “This annual publication focuses on the Social Security…
The Most Underrated Factor in Retirement Income Sustainability
(By – J.R. Robinson, via www.nasdaq.com) As a practical matter, the factors that determine how long our savings will last after we retire fall into two categories: those we can control and those we cannot. Major factors that are largely beyond our control…
Debate Disappoints: “Where’s the Beef?”
(Source – www.journalnow.com) Watching the Aug. 6 Republican political debates, I was once again reminded how often political rhetoric is the norm while concrete proposals to solve our problems get short shrift. I thought of the famous “Where’s the Beef” commercial from…
Workers counting on Social Security despite funding issues
(By John Grimaldi, www.imperialvalleynews.com) Long-range funding doubts notwithstanding, recent polling shows that more workers than ever before are counting on Social Security as a “major source” of their retirement income, reports Gallup. The pollsters found that more than a third of the…
As Social Security turns 80, what does its future hold?
(By – Emily Gersema, news.usc.edu) On this day 80 years ago, President Franklin D. Roosevelt signed into law the Social Security Act, creating a public retirement system for millions of Americans. Since then, Social Security has become a primary source of income for retired,…
Debunking 8 Social Security Myths on Its 80th Birthday
(Source – Committee for a Responsible Federal Budget) August 14 marks the 80th birthday of the Social Security program, which was established in the Social Security Act of 1935. Over the past 80 years, Social Security has provided important cash benefits…
Clinton is open to raising Social Security taxes on six-figure earners
(By – Max Ehrenfreund and Anne Gearan, www.washingtonpost.com) What to do about Social Security is one of the most important questions that Hillary Rodham Clinton has yet to answer as she lays out her economic agenda for primary voters. Democrats in Congress, along with other contenders…
The biggest Social Security mistake women make
(By – Kelley Holland, www.cnbc.com) Is 62 too young to claim for women to claim Social Security? That is the age at which both women and men are allowed to claim, and sure enough, 40.8 percent of the women who were newly awarded…