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There’s no such thing as ‘the center’
Over at the New York Times, Jonathan Martin has a front-page story titled, “Some Democrats Look to Push Party Away From Center.” The examples he gives are Elizabeth Warren looking to lower the interest rate on federally subsidized student loans…Read More …
What College Students Should Know About Retirement
College students and recent graduates face particular challenges in saving and planning for retirement. Daunting student loans, a still-uncertain job market and competition for jobs among fellow graduates may all seem far more pressing than a retirement decades down the…
Social Security: It pays to wait
With millions of boomers retiring or thinking about it, the big question is when to collect Social Security benefits. If people can hold off until full retirement age of 66 for those born from 1943 to 1954 or age 67 for…
To help end budget gimmicks, pass this bill
When it comes to addressing our growing national debt, there is no shortage of disagreement between the political parties in Washington. But there is one thing they should both agree on: to tell the truth about our nation’s growing fiscal…
Living too long is a risk!
Many people say they want to live a long time, but they don’t really understand the financial implications of that wish. If you don’t make the necessary monetary preparations for a long life, you could end up penniless and have…
SOCIAL SECURITY AND CHAINED CPI
Mr. Speaker, I have spoken to my constituents who are concerned about the viability of Social Security. They want big ideas and long-term solutions. Instead, there are solutions right now and proposals to switch to a chained CPI formula to…
How Boomers Can Maximize Their Social Security Benefits
I receive more questions about Social Security than any other topic I cover. Part of the reason is simply demographics: more members of the large baby boom generation are hitting the age when they become eligible for benefits. The other…
Millennials want answers about the debt
While the tentacles of Washington dysfunction reach all national demographics, one often overlooked group is our young adults — affectionately termed the “Millennials.” Obvious evidence of this has been Congress’ inability to thus far keep interest rates on student loans from…
Retirement of Baby Boomers at Risk
The baby boom may end with a whimper. The expansive generation that first crowded public schools in the 1950s and elbowed its way into the labor force in the 1970s is now retiring. And the timing couldn’t be worse. Read more……
Benefits: Sometimes Less Really Can Be More
I’ve written more than a few columns lately about folks who complain because they think the government is cheating them out of Social Security benefits. So many people are convinced that their Social Security benefits were figured incorrectly. I tell…