Latest News
How much would people save if there were no Social Security?
(Source – www.upjohn.org) Pay-as-you-go pension systems are vulnerable to changes in demographics, such as increased longevity and declining fertility. To deal with these demographic changes, over the last two decades, many European nations have reformed their pension systems. These reforms, which…
How military service affects your Social Security benefits
(By – JOE LUCEY, www.marketwatch.com) If you served in the military, you’ve lived on bases, ships, installations and submarines. Your fine-dining experiences may have included hundreds of days consuming MREs and fast grabs from BXs/NEXs and commissaries. You’ve been deployed to remote…
Taxes, Retirement, and Timing Social Security
(Source – www.cpafinancial.com) The advantages of tax deferral are often emphasized when it comes to saving for retirement. So it might seem like a good idea to hold off on taking taxable distributions from retirement plans for as long as possible.…
Baby boomers reeling in the years
(By – Lesley Parker, medicalxpress.com) It’s long been said that you’re as old as you feel. Now a group of researchers is looking at how the concept of “subjective” age might be used to manage the wellbeing of the baby boomer…
How Living to 100 Changes Our Education, Work and Retirement
(By – Jeffrey Hamilton, via www.nasdaq.com) I recently shared an interesting conversation with Laura Carstensen, who has a unique take on living longer. As the director of the Stanford Center on Longevity, Laura believes that the longevity phenomenon can be felt…
Social Security Is More Important Than a Lot of People Realize
(By – Kevin Drum, via www.motherjones.com) The 2015 Retirement Confidence Survey from the Employee Benefit Research Institute is out, and it shows the usual: hardly anyone thinks that Social Security benefits will remain stable in the future. They expect cuts, cuts, and…
SOCIAL SECURITY: Deciding when to retire
(By – David Seymour, www.pharostribune.com) Deciding when to retire is a personal choice, and you should consider a number of factors, but we can certainly help. First, take a few minutes and open a my Social Security account at www.socialsecurity.gov/myaccount. With a…
How Much Money Do I Need to Retire?
(Source – www.fool.com) It’s a question with an entire industry devoted to answering it: “How much money do I need to retire?” The irony of the situation is that, from a certain perspective, the correct response is incredibly simple. You can figure…
What You Need to Know About Social Security “Going Broke.”
(Source – www.suzeorman.com) You know that I think it is smart to delay taking Social Security as long as possible, so you can then receive the biggest possible Social Security payout. But I often hear from many of you that you…
Hillary Clinton points to Social Security changes in AFL-CIO questionnaire
(Source – www.bayoubuzz.com) Hillary Clinton has told the AFL-CIO she wants to improve Social Security benefits for women and lower-income seniors, offering a glimpse of the Democratic presidential front-runner’s thinking on a topic she has rarely addressed on the campaign trail.In…