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New generation preparing to fight for America’s future
The future of America depends on “millennials” — people born after 1980 — working together to undo the damage wrought by baby boomers on the nation’s economy, finances and foreign policy, according to a new book by Schererville native Pete Seat. Seat’s…
Are You Considering Retirement Abroad? What You Need to Know
Are you encountering clients thinking of retiring abroad? It’s a growing trend: the number of retirees, spouses and widows receiving Social Security benefit payments outside the U.S. rose 26 percent to 542,451 between 2006 and 2012, according to the Social…
Secondary Conditions Worsen Disability
A person with a disability often has more to deal with than just his or her disability. According to a study in an American Journal of Public Health and involving 2075 respondents from the state of Washington, 87 percent of adults…
RETIREMENT PLANNING: Points about long-term care
Do you have an understanding of the 12 or so risks we all will face in retirement? Inflation risk, longevity risk, lifestyle risk, entitlement risk, market risk, tax risk, excess withdrawal risk, sequence of returns risk, asset allocation risk, personal…
April 13, 1935: Social Security
President Roosevelt declared flatly for passage of old-age pension and unemployment insurance legislation during this session of Congress at the White House press conference Friday and opposed strongly suggestions to amend the bill in order to place the entire cost…
The Alarming Link Between Social Security and the U.S. Economy
Millions of Americans rely on Social Security for their well-being in retirement. But when you look at data from the Social Security Administration, you can see a correlation between the state of the U.S. economy and when people claim their…
Retirement Advice for Peter Pan: Tips for Late Savers
If you’re reading this article, you probably should be. But not to worry – financial advisors say there’s still time for you and everyone else in Neverland who hasn’t given much thought to growing old and retiring, or for those…
Lee Hamilton: Capitol Hill is in need of reform
In 1965, Wilbur Mills, chairman of the powerful Ways and Means Committee, brought legislation establishing Medicare and Medicaid to the floor of the U.S. House. That was my first year in Congress, and I remember vividly the moment when Mills…
Free Retirement Toolkit gives tips on savings and benefits
A free tool kit from the federal government can help you nail your retirement dreams. The Retirement Toolkit, a joint project of the Labor Department, Social Security Administration and Centers for Medicare & Medicaid Services, has advice on maximizing retirement savings…
Social Security: Is the Best Age to Take It 62, 66, or 70?
Bond yields have crept higher over the past year, but Wall Street still doesn’t offer a product that yields 6%, is backed by the U.S. government, and comes with an annual pay raise to offset inflation. A deal that good…