Latest News
Crucial Investment Decisions in Your 50s That Can Make-or-Break Your Retirement in Your 60s
Your 50s are often your top-earning years, since by that time you have achieved expertise in your field and may be trusted to make decisions for your company. However, due to competing expenses, your 50s can be tough on your retirement…
Ready for Retirement?
Disappearing pensions, continued corporate downsizing and stubborn unemployment combine to ignite great concern that many folks still don’t save enough for retirement. Maybe you’ve given up trying to realistically assess your future costs or you simply still spend too much…
Your Greatest Risk to a Secure Retirement: Living Longer
Living beyond 90 will be the norm for millions of U.S. workers, government estimates show. Yet most workers say they would like to retire before age 65. Although living longer can be a blessing, it also means that an increasing number…
Voya Financial Study Reveals How Americans Score on Their Retirement Readiness; Reinforces the Importance of Planning
Voya Financial, Inc. (NYSE: VOYA), released findings today from a new study — the Voya Retire Ready Index™ — which measures the retirement readiness levels of Americans who are either working or recently retired. The study shows how each group of…
Being Old in 2040 Will Be No Fun
Current trends in demographics and national budgets will leave the elderly of the future in dire straits. There are times when it’s good to be young – the 1960s, with its prosperity and hedonism, was one such period. Being old…
The Boomers Retirement Income
According to a report by Bankrate.com, Boomers are retiring at the worst time in a generation. They cite the low yields on bonds and stock dividends which they believe will prevent retirees from having enough fixed income in retirement. Their survey…
Social Security Administration as Independent Agency
On March 31, 1995, the Social Security Administration became an independent agency. The original 1935 Social Security Act, signed into law by President Roosevelt on August 14, 1935, created the three-member independent Social Security Board. This was an entirely new…
Stossel speaks on the efficiency of free markets
The free market is the only meaningful alternative to government programs, which create inefficiency and have unintended harmful effects, John Stossel ’69, Fox Business channel host and libertarian pundit said at a lecture about his political philosophy on Monday. “It doesn’t help…
Happy Birthday Boomers!
Today 10,000 Boomers celebrate their 65th birthday and another 10,000 will celebrate tomorrow. That will happen every day through 2029. And by 2030 twenty percent of the nation’s population will be 65 and older. They may be eligible for Medicare and…
‘Canary in a coal mine’: The SSDI dilemma
Social Security Disability Insurance, used by an estimated 11 million disabled workers and their eligible spouses last year, will be broke by the end of 2016. So some Democrats want to take from Peter to pay Paul when poor Peter…