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Recapping the Candidates’ Social Security Plans
Here’s a quick assessment of the positions taken on Social Security reform by the five leading presidential candidates. They are quite diverse, and attack the issue from several different viewpoints. Read the article posted on www.record-eagle.com by columnist Jason Tank…
Social Security Disability Benefits
The Disability aspect of the Social Security System is expected to run out of funding a full decade before the retirement aspect in 2022. This is the reason that there was recently a cut in benefits payed out by 19%…
How Boomer Debt Affects Millennials
Millennials have been shying away from accruing debt thus far so as to not compound with their already staggering student debts. Millennials watched throughout the recession how crippling defaults and bankruptcies could be and have since steered away from amassing…
Seniors Appear to be in Relatively Sound Financial Shape
The Stanford Center on Longevity reports that seniors in the age 65 to 74 range appear to be positioned better financially than younger workers, with support provided by Social Security, traditional pensions, and extended working careers. Read an analysis of…
SSA Takes Steps to Remove Confusion on Impending Changes
In an article posted by Rachel Sheedy, Managing Editor of Kiplinger’s Retirement Report, discusses the upcoming changes affecting Social Security benefit strategies, and provides links to additional clarifying information posted by Kiplinger and the Social Security Administration. Read the article here……
Planning for the Future of Social Security
With all the solvency issues popping up regarding Social Security it may be a wise move to make plans for future cuts in benefits. Many proposals are being tossed around and it may take a while to land on one…
Baby Boomers and Wine Futures
Baby Boomers have been the nation’s leading consumers of wine for the past few years now, following the trend of generations preferring wine over other alcoholic beverages as they grow older. However, wine consumption is slated to have a lull…
Why You Shouldn’t Retire Early
The decision of when to retire is different for everybody and dependent on many situations, but the general consensus among experts is to wait as long as you possibly can to retire and start collecting Social Security benefits. The main…
Boomers Training the New Generation
Millennials are lining up to fill the void the Baby Boomers are leaving in the work force. Those in leadership positions are struggling with figuring out how to best make the transition between the two generations as seamlessly as they…
Continuing to Work Might Be a Better Strategy
Early retirement is enticing, but there some situations (and the number is growing) where staying on the job a bit longer might be the better choice for you. Matthew Frankel of The Motley Fool, in a post on www.mysanantonio.com, takes a…