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Generational Titles and Their Meaning
We like to lump people in to generations and give them catchy titles for the ease of conversation. These easily lend the generations to certain stereotypes, and as with all stereotypes they are not true for the majority of people…
Social Security Reform Proposal from AEI
The American Enterprise Institute just released what they are calling a conservative plan for Social Security reform. They are calling for action from the government in rebuilding a new Social Security system in order to fix the pitfalls of the…
Are Millennials on Track for Retirement?
Millennials are by and large off to a good start as far as retirement saving is concerned. Conservative estimates show that a millennial that starts saving when they start off their career is slated to earn over 1 million dollars…
Where do the Candidates Stand on Social Security Issues?
Social Security needs to raise farther up on the issues list for candidates in the next presidential election. Voters need to know what the candidates and their party plan to do to fix the many problems with the system, including…
Who is Affected by the New Budget Deal
There has been a lot of talk going around recently on how the new budget deal passed through congress affects those planning to retire soon. These changes, however, do not affect everybody; some are grandfathered in under the old plan.…
An Interview with the Commissioner of Social Security
Recently, Tom Fox sat down with Social Security Commissioner Carolyn Colvin for an interview. The interview is far from a hard hitting piece focused on controversial issues, but still provides insight in to how things work within the offices of…
Job Hunting for Baby Boomers
Many Baby Boomers are facing retirement, and many of these workers either don’t want to or can’t afford to retire at the moment. The problem many run in to when trying to find a new job is one of ageism,…
A Detailed Analysis of the Budget Bill and Its Implications for Some
Forbes Contributor Laurence Kotlikoff has analyzed the detail implications of the “budget Deal” and has identified several of the affects that appear to be misunderstood in various media accounts. The implications on spousal benefits in the file-and-suspend strategy are examined, along with…
The New Budget Deal
A new budget deal was passed in the house last week and has been signed by President Obama. Among other things, the deal closed an advantageous loophole in the Social Security system that was allowing retirees to file for benefits…
The Average Retirement Investment
Chances are you have a 401(k) as part of your retirement plan, it is one of the most common options in saving for retirement. There are many other options available, and many are used in tandem, but the 401(k) is…