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GAP WIDENS BETWEEN TRUSTEES AND CBO ON SOCIAL SECURITY
(Source – crfb.org) Although the Social Security Trustees estimate the program’s financial outlook has slightly improved relative to last year, the Congressional Budget Office (CBO) takes a different view. As with Medicare, CBO is far more pessimistic about Social Security’s future.…
What Happens If You Fumble In Retirement?
(By – Robert Laura, Forbes Contributor) I remember when I was a junior in high school and playing in the big homecoming football game. The stands were packed and as we entered the fourth quarter I went back to receive a…
Time to Heed Warnings From Medicare and Social Security Trustees
(By – Robert Bixby, www.concordcoalition.org) The message from the Social Security and Medicare trustees last week could not have been more blunt: the two programs’ long-term costs “are not sustainable with currently scheduled financing and will require legislative action to avoid disruptive…
Come up with a strategy to get the most of your Social Security
(By – Janet Kidd Stewart, CHICAGO TRIBUNE) You’ll soon be able to download an electronic version of your Social Security statement, but chances are it won’t enhance your retirement one bit. That’s because you probably won’t change your claiming date based on what…
6 Social Security Withdrawal Strategies Everyone Should Know
(Source – m.nasdaq.com) Life offers a lot of chances for do-overs. Marry the wrong person? File some papers and you’re free to take as many trips down the aisle as your heart desires. Didn’t get the dramatic lift you wanted from…
Why Kids Can Be Social Security Game Changers
(By – Philip Moeller, time.com) Did you wait until later in life to have kids? Then you might want to ignore conventional wisdom and take Social Security on the early side. You may already know that children can collect Social Security based on…
To Fight Obamacare Fraud, Fund Obamacare
(Source – www.bloombergview.com) While Obamacare is still a long way from providing insurance to every American who needs it, the program is apparently pretty good at covering people who don’t exist. Eleven out of 12 fictitious people obtained coverage, plus federal subsidies…
6 Social Security Withdrawal Strategies Everyone Should Know
(By – Dayana Yochim) Life offers a lot of chances for do-overs. Marry the wrong person? File some papers and you’re free to take as many trips down the aisle as your heart desires. Didn’t get the dramatic lift you wanted…
A Guide to Budgeting for Baby Boomers
(By – Mitchell D. Weiss) In retirement, taking it easy is becoming a lot harder to do. Take, for example, the most disconcerting finding of Allianz Life Insurance Company’s recently publishedGenerations Apart Study. Nearly half of the 2,000 baby boomers (ages 49…
The biggest threat to your retirement number
(By – Dan Caplinger) In coming up with a good estimate for a retirement number, it’s crucial to understand how having a bad market in early retirement can have a huge impact on the viability of your entire long-term retirement…