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Staffers from US Rep. Messer’s office to speak at Mill Race Center
Debbie Berry and Karrie Pardiek will address issues related to seniors, including updates on the Affordable Care Act, Medicare, Social Security and a review of the Social Security Administration services. This also will be an opportunity for residents…Read More Notice: The “Read more…” link…
3 steps to shore up retirement security: Putnam CEO Bob Reynolds
Putnam Investments CEO Bob Reynolds has not been shy about pushing to fix America’s broken retirement savings system. And now, he’s offering three steps that could shore up retirement security while conducting an online campaign to keep the conversation going…
Transition to Prosperity
Despite dire predictions to the contrary, it is not true that automation and innovation will cause permanent unemployment shortages and declining wages. While automation may reduce minimum wage assembly line jobs, it creates compensating higher paying jobs in the innovation…
A dying wish: Bill would decrease waiting time for Social Security payments for terminally ill
In many ways, the fight Brian Moyer has been waging for the past 18 months to fulfill a promise to his dying wife has just begun. “Now the pitbull is kicking into overdrive,” he said Thursday morning, shortly after learning that…
How Does Women Working Affect Social Security Replacement Rates?
The Social Security Trustees Report states that replacement rates for the medium earner rose from about 30 percent in the 1970s to 40 percent in the 1980s, where they remain today. However, the focus on individual earners is often misleading…
What you need to know about guardianship
A guardianship is the appointment of an individual by the court to exercise all or some control over another person or property. The appointment is usually made when an individual is incapable of exercising control. A court can also divide the…
What Will Your Social Security Check Buy You?
The average Social Security check to a retiree currently sits at $1,267.55. That works out to $15,210.60 per year, or around $7.61 per hour for a full-time, 2,000-hour-per-year job. For comparison, the minimum wage in the retiree haven of Florida…
KAHLER: Are you a spender or a saver?
According to Scarborough, a market research firm, only 9 percent of adults in the U.S. label themselves as spenders. This is the percentage who “mostly agree” with the statement: “I am a spender rather than a saver.” On the opposite…
Think long term when setting budget for retirement
When you determine how much income you’ll need in retirement, you may base your projection on the type of lifestyle you plan to have and when you want to retire. However, as you grow closer to retirement, you may discover that…
Health-Care Coverage a Primary Driver of Deciding When to Retire
What matters most to workers nearing retirement: income or health-care coverage? A recent study by researchers at the Center for Retirement Research at Boston College suggests it could be the latter. They examined data about when people filed for Social Security benefits…