Latest News
Should you get a part-time job in retirement?
(By – Brian Vnak, www.marketwatch.com) Some people’s retirement dreams consist of nothing more than warm weather, a cerveza on a beach, and a steady stream of best sellers to read. But for others, surprising as it may be, staying in…
Will Living Too Long Ruin Your Retirement?
(By – Ruth Davis Konigsberg, www.time.com) Our life spans are getting longer, but we won’t all make it to 95. “Longevity risk”—the possibility that people will live longer than expected, putting a strain on Social Security, Medicare, public and private…
About 12,200 People Are Erroneously Declared Dead Every Year by the U.S. Government
(By – Marissa Fessenden, www.smithsonianmag.com) Part of Franklin D. Roosevelt’s New Deal included the establishment of the Social Security Administration to tax Americans in order to support retired folks, and those in need of disability pay. The administration also issues numbers…
Social Security envisions a new tech-savvy future
(By – Mary Beth Franklin, www.investmentnews.com) Agency embraces technology while juggling demand for increased face-to-face service The timing couldn’t be worse. Soon after the Social Security Administration unveiled its blueprint for increasing its use of technology to deliver customer services…
Potential presidents can’t hide from national debt
(By – Judd Gregg & Ed Rendell, www.usatoday.com) A bipartisan fix in the next administration requires honest discussions today. Presidential candidates are crisscrossing the country — especially Iowa and New Hampshire — making the case why they deserve their party’s…
Our Opinion: Sanders’ Social Security proposal makes sense
(Source – Bennington Banner) If you suspect that you may not have enough money to retire, a new study says you’re right on the money (pun intended). Rather, about half of you are. The Government Accountability Study, which was prepared at the…
Unions, Seniors Groups Urge Congress Not To Cut Medicare To Fund Trade Assistance
(By – Daniel Marans, Huffington Post) An already difficult road for the Trans-Pacific Partnership in the House of Representatives got bumpier on Monday, as controversial Medicare cuts were brought into the mix. Labor unions and senior citizens’ groups are launching efforts to…
WATCH: WBZ-TV News Live Retirement
(By – Dee Lee, boston.cbslocal.com) The more money you have saved the more options you will have in retirement . It’s that simple! Most retirees can manage on 80% or less of their pre-retirement income. Most. If you are planning to do lots…
Critical program strained by fraud and inefficiency
(Source – www.ledger-enquirer.com) In a program as massive as Social Security, 100 percent efficiency is utterly impossible. A $17 billion hole is utterly unacceptable. Nevertheless, a Social Security Administration inspector general’s report released last week showed that the agency has overpaid…
A Social Security benefit is a terrible thing to waste
(By – Mary Beth Franklin, Investment News) As I travel around the country teaching financial advisers and their clients about smarter ways to claim Social Security benefits, my “magic age” strategies often trigger surprise and gratitude among my audiences who are astonished…