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Why COLA Might be Wrong
Many people are in arms over the report that there will be no increase in Social Security benefits in the next year, but the problem may be on going unless the way COLA is calculated is changed. Some experts argue…
Baby Boomers in Retirement
The Baby Boomer generation has saved more, invested better, and retained a higher quality of life than the generation before and after them. The wealth of the Baby Boomer generation will live on to affect Generation X and the Millennials…
Banking on Pensions for Retirement
Pensions may be one of the best ways to secure a sustainable retirement. These defined benefit plans offer peace of mind in retirement by maintaining a set quality of living while also being relatively low risk for investment. They do…
The Truth on the Politics Surrounding Social Security
There are many myths and factoids in the Social Security arena that simply aren’t true, yet they are widely believed and spread as truth. As in anything, a little superficial research can go a long way in to educating one’s…
Bernie Sanders Labels Zero COLA Unacceptable
Calling for a substantial change to the formula used by the Social Security Administration to calculate inflation, presidential candidate Bernie Sanders cited increases in senior poverty rates and increased reliance on Social Security benefits as indicators that benefits are not…
One way to mitigate the impact of a zero COLA
Some Social Security beneficiaries have discovered an approach to making the absence of a COLA next year a manageable thing…become an ex-patriot. In an article titled “No COLA? No Problem in These Top Retirement Havens” posted on www.huffingtonpost.com, Kathleen Peddicord presents information…
How Baby Boomer’s Retirement Affect Younger Generations
Baby Boomers are starting to retire in large numbers, prodding J.P. Morgan Asset Management to conduct research on how this will affect the market economy. Their research shows that on average, Baby Boomer’s assets total higher than the generation prior…
No Benefit Increase Actually Benefiting Some
Many are concerned because of the recent reports that there will be no increase to Social Security benefits this year. Many more are concerned about their Medicare premiums rising in price at the same time. However, for those on other…
Working in Retirement
It may be a good idea to get a part time job in retirement for a number of reasons. Many people had to dip in to their savings during times of financial trouble or during the recent recession, this may…
You are Responsible for Your Own Retirement
The majority of business owners do not have an adequate retirement plan in place for their workers, it is becoming more and more the sole responsibility of the individual to plan for their own retirement. It has always been on…