Latest News
The Millennial Generation Eclipses Baby Boomers
(Source – www.dailyforex.com) Remember all the talk about baby boomers and how they would change the world? Now it’s the millennial generation that is making headlines as a new generation of entrepreneurs and innovators make their presence felt in every aspect…
Only half of U.S. singles have a retirement savings account
(By – Becky Yerak, via Chicago Tribune) The population of single people is rising, but along with that growth comes a troubling statistic about their retirement savings accounts: Only 51 percent of unattached people have one, according to a study released Wednesday…
The Real Reasons Americans Aren’t Saving Enough for Retirement
(By – Penelope Wang, time.com) When it comes to saving for retirement, most American workers are not only falling short, they don’t even know how behind they are. What’s more disturbing, research shows that savings trends are getting worse, despite a decades-long…
Don’t despair about retirement — take action
By – STEVE VERNON, www.cbsnews.com) Yet another survey illustrates the anxiety many Americans feel about retirement. Insurance company Northwestern Mutual recently released its 2015 Planning and Progress Study, which reveals how many Americans feel insecure about their retirement: 31 percent believe there’s…
What disability, pensions mean for Social Security benefits
(By – Kelli B. Grant, www.cnbc.com) When it comes to Social Security claiming strategies, “it’s complicated” is the usual answer. If you’re on disability, are a state employee or have a public pension, make that answer “it’s really complicated.” For most Americans, the…
62? 70? Doing the math behind Social Security
(By – Kenneth Kiesnoski, www.msn.com) Most of us don’t think much about Social Security early in our working lives, apart from noting the weekly toll on our paychecks. But as retirement nears, it’s important to know when—and how best—to finally claim benefits…
Tale of the Red Tape: $22 Billion in Savings from Cutting Ridiculous Regulations
(By – Eric Pianin, www.thefiscaltimes.com) For years, some fishermen were required to file weekly reports with a federal agency on their catches — even on weeks they didn’t fish. Falconers had to obtain permits from both the state and the federal government…
Why Social Security Scores as Most Popular Value Add Program
(By – CHARLES PAIKERT, www.financial-planning.com) Want to get advisors attention? Give them value add programs about Social Security benefits and strategies. Also of interest: programs from product providers about generating income in a low interest rate environment, navigating compliance or regulatory requirements and allocating…
The good news: Social Security really will work for your grandkids. Now, the bad news
(By – Allison Schrager, qz.com) The US Social Security program turned 80 years old last week. But despite its longevity, a recent Gallup poll shows that more than 50% of Americans don’t think they’ll get any benefits when they retire. It’s pretty stunning…
Social Security should be a big issue in presidential election
(Source – www.fredericknewspost.com) Social Security is at a crossroads, with the mother of all government programs facing some hard choices and potentially a bumpy road ahead. Despite its high profile as an issue, few of the hordes of candidates already hotly…