Headlines
Should You Insure Against Social Security Going Bust?
The yearly release of the Social Security Trustees reports always comes with a flurry of articles and financial expert advice, and 2021 was no different. This piece by Mike Obel of Yahoo Finance cites the Nationwide Retirement Institute’s 2021 Social Security Survey that…
America’s Safety Net: Welfare and Social Security
This Great Courses introductory post explains TANF (what we generally call welfare) and Social Security. The latter is often not well understood by the public. Jennifer Nicoll Victor of George Mason University explains it is a pay as you go program…
40% of Americans Will Regret This Retirement Move
Kailey Hagen cites a new fascinating study about how people think about retirement. The Transamerica survey didn’t say that respondents weren’t saving for retirement, only that they preferred not to think about retirement investing until they were closer to their…
Will Immigrants Save Social Security and Medicare from Financial Trouble?
Chris Tomlinson of The Houston Chronicle has an op-ed that details the trouble faced by Medicare and Social Security. He notes Congress has avoided the necessary fixes for decades to instead focus on reelection. The choices include increasing taxes, reducing benefits,…
Should You Worry About Social Security?
Yes and no are generally the answers to whether one should worry about Social Security’s finances. Cyrus Purnell of Forbes describes the predictable headlines and news stories that follow each release of the annual Trustees report. He explains that while…
The Continuing Social Security “Offices Closed” Saga
As our posts on this site have noted frequently in the past few months, the continued unavailability of Social Security field offices for walk-in traffic is a concern to many. See our May 19 post as an example, wherein Rep. Jody…
A Grim Outlook for Retirement?
Reporting on the results of The 2021 Global Retirement Index (GRI) by asset management company Natixis Investment Managers, Yahoo!Finance writer Yaёl Bizouati-Kennedy reports that many future retirees feel a miracle is in order for them to realize a secure retirement. The Bizouati-Kennedy post…
Perspectives on the Social Security Solvency Issue
Economist Max B. Sawicky, in a post today on eurasiareview.com, delves into myriad facets of the 2021 Annual Report of the Board of Trustees of the Federal Old-Age and Survivors Insurance and Federal Disability Insurance Trust Funds (Trustees Report) issued August 31,…
Yet Another Call for Focus on Social Security’s Solvency Dilemma
In the wake generated by the projections in the 2021 Social Security Trustees Report issued August 31, many alarm bells are being sounded on the depletion projections for the combined Old-Age and Survivors Insurance and Disability Insurance (OASI and DI) trust…
Social Security’s Solvency Issue…The Beat Goes on
In the roughly week and a half since the 2021 Social Security Trustees Report hit the streets, the airwaves have been peppered with alerts and warnings about the combined Old-Age and Survivors Insurance and Disability Insurance (OASI and DI) Trust…