Latest News
Pessimistic Thoughts about Retirement
Contrary to yesterday’s post about folks expressing optimism about their future retirement life, wouldn’t you know it—a counter to those hopeful thoughts popped up in today’s harvest of retirement news. Specifically, in a post today on CNN.com, reporter Matt Egan…
In Defense of Social Security Administration Staff
There are many perceptions around the country regarding the efficiency and effectiveness of the Social Security Administration and its field staff, and there are a number of “war stories” about bad experiences folks have had. As is the case in…
How & Where Does Social Security Fit in Your Retirement Plans?
This question resonates differently depending on one’s proximity to their 60s, and the closer one is to “pulling the plug” on retirement, the more they’re beginning to think seriously about Social Security. But no matter your age, this post by…
Social Security Could Be One of the 5 Costly Mistakes You Could Make
Retirement planning–especially the financial side of the equation–presents many potential pitfalls if you’re not careful. In a post on finance.yahoo.com, reporter Mark Henricks explains how “messing up Social Security” can, for example, lead to problems in the area of survivor…
The Importance of a “Break-Even” Calculation
As we’ve noted repeatedly on this site, the question of when to claim Social Security benefits is one of the most frequent questions received at the AMAC Foundation’s Social Security Advisory Service. Because of its consequences, we take great caution…
More on the Age 62 Filing Question
In an earlier post in today’s “Latest News” lineup, we shared a perspective from a leading Social Security commentator on the thought processes that accompany the question on whether it makes sense to claim benefits at the earliest possible point,…
Another Perspective on the “Claiming At 62” Question
Age 62 remains the most popular age for claiming Social Security retirement benefits, and there are many pros and cons cited either in favor or disfavor of this as a filing strategy. Here at the AMAC Foundation Social Security Advisory…
Some Perspectives on Retirement
There’s a fair amount of gloom and doom floating around the airwaves when it comes to retirement planning. From the hand-wringing about Social Security’s solvency problems to the persistent reports that future retirees are not saving enough to support their…
Looking at a Full Retirement Age of 70–A Supportive Viewpoint
Perhaps one of the most incendiary components of the argument over the looming Social Security solvency problem is the thought of moving the program’s full retirement age (FRA). Currently set at age 67 for those born in 1960 or later,…
Attention Veterans: Good Idea to Review Social Security Benefits
If you haven’t reviewed the benefits available to Veterans recently, now might be a good time to check out the SSA website pages dedicated to this topic. The Information for Military & Veterans page at SSA.gov provides a collection of…