Latest News
Candidates on Social Security
Many candidates have been silent on the topic of Social Security. Those that have talked about it, though, all have their own proposed solutions that will “fix” the system. Most proposals are aimed at solving the insolvency issue, the prevailing…
Confusions Abound in New System
The recent changes to Social Security has been befuddling even experienced experts since its inception at the tail end of last year. To make matters worse, no explanation has been posted on the official site until just last week. This…
Details you should know about taxes in retirement
For retirement financial planning purposes, it’s important to factor tax consequences into your income management strategies. In an article posted on money.usnews.com, Staff Writer Kate Stalter provides some hints on what you need to consider. Read the article here… Notice: The link provided above…
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…